Presidents Donald Trump and Xi Jinping came to a tentative truce on trade at the G20 summit in Buenos Aires, Argentina, postponing the next round of tariffs and agreeing to a 90-day window for further discussions.
The US agreed not to raise the 10% tariff rate on $200 billion worth of Chinese goods to 25% on January 1, as originally scheduled, while in return China committed to buy a “very substantial amount” of agricultural, energy, and industrial goods from the US.
Expectations going into the summit were low, with many commentators saying that the meeting could actually make trade relations between the two nations even worse. The positive nature of the talks has seen markets surge on Monday, most likely in relief than anything else.
But what are analysts saying about the agreement? Business Insider took a look at notes released by major research houses, investment banks, and asset managers since the deal was struck on Saturday evening. Check out 10 of the best below.
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