Xi Jinping retaliated against Trump’s tariffs by slapping duties on American farm goods and other items. See: How China Avoids Trump's Tariffs — ForbesU.S. and China agreed to a 90-day trade truce that will start on January 1. Whether China wants to be left alone or make the U.S. more like China is unclear, but China surely wouldn’t mind making southeast Asia more like China. Their words:This short “ceasefire” is unlikely to last , however, so the U.S.–China trade war will intensify in 2019. And while Democrats will have a majority in the House of Representatives, the bipartisan disapproval of China’s trade practices will sustain President Trump’s trade agenda.

Source: Forbes December 10, 2018 18:47 UTC