China Made More Than $1.2 Trillion Trade Commitments: Mnuchin

China Made More Than $1.2 Trillion Trade Commitments: Mnuchin
Chinese leader Xi Jinping and members of the Chinese delegation attend a working dinner with U.S. President Donald Trump after the G20 leaders summit in Buenos Aires, Argentina on Dec. 1, 2018. Kevin Lamarque/Reuters
Reuters
Updated:

WASHINGTON—China has made more than $1.2 trillion in additional trade commitments as part of a deal reached by U.S. President Donald Trump and Chinese leader Xi Jinping, and Beijing said it would take immediate steps on those promises.

Trump and Xi agreed to hold off on new tariffs during talks in Argentina on Dec. 1, declaring a truce following months of escalating tensions on trade and other issues.