U.S., CHINA BUY TIME WITH TRADE TRUCE: The 90-day trade dispute truce reached by the United States and China at the G20 summit should give a boost to the financial markets. But, until the two countries reach a permanent agreement, experts say the stock market will remain volatile ..."You're going to see a ton of volatility," suggested Nate Thooft, a senior portfolio manager at Manulife Asset Management. "There's definitely no shortage of uncertainty." Trump agreed to hold off on plans to raise tariffs Jan. 1 on $200 billion in Chinese goods. The Chinese agreed to buy a "not yet agreed upon, but very substantial amount of agricultural, energy, industrial" and other products from the United States to reduce America's huge trade deficit with China, the White House said. The truce, reached after a dinner of more than two hours Saturday, buys time for the two countries to work out their differences in a dispute over Beijing's aggressive drive to supplant U.S. technological dominance. As part of the détente, China had agreed to rollback its tariffs on American automobilesbelow 40 percent, Trump announced Sunday.
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