Trade disputes led to tit-for-tat tariffs and a truce was agreed on the sidelines of the G20 summit.
1 report, 1 independent
Updated Sep 26
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What happened
Trade disputes led to tit-for-tat tariffs and a truce was agreed on the sidelines of the G20 summit.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The G20 summit resulted in the extension of the trade truce for two months.Sub-event
Tit-for-tat tariffs and a truce were agreed upon during the G20 summit.1 source
Keep exploring
Part of
G20 members are pressuring the bloc to address China's trade surplus and re-examine trade terms with Beijing ahead of a future summit.Also in this story
- G20 members expressed disagreements regarding trade imbalances and economic models during a recent meeting.
- Scott Bessent criticized China's trade surplus during G20 discussions.
- US tariffs helped reduce the trade deficit with China, prompting G20 members to re-examine trade terms.
The entities involved
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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Beijing
capital city of China
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G20
group of finance ministers and central bank governors