China and U.S. Discuss Cutting Tariffs

“The U.S. and China are discussing slashing tariffs on certain goods, including on American energy and agricultural shipments — a potential sign the leaders’ summit next week will lead to an extension of the one-year trade truce,” Bloomberg reports.

“The meetings between the two sides are also likely to result in an agreement to lower duties on Chinese inputs for manufacturers.”

Financial Times: The main Trump-Xi summit achievement will be it happening at all.