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Trade war

US-China trade truce puts Beijing in the driver's seat

With Trump tariffs on hold indefinitely, Xi looks to the 2020 American election

OSAKA -- The leaders of the U.S. and China agreed on June 29 to restart trade talks in their meeting here, with U.S. President Donald Trump postponing a new round of tariffs and suggesting to relax a ban on exports to China's Huawei Technologies.

With no deadline set for the conclusion of the trade talks, Beijing suddenly finds itself under significantly less pressure and in position to conduct future negotiations at a pace of its choosing.

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