A truce in U.S.-China trade war, but no peace treaty – CBS News #trump @realDonaldTrump

A truce in U.S.-China trade war, but no peace treaty – CBS News #trump @realDonaldTrump

President Donald Trump is touting a thaw in U.S.-China trade relations as a breakthrough, saying in a tweet that it represents a “BIG leap forward” and that “very good things will happen.” But experts — and even White House advisers — were more cautious in describing the cease-fire.”I can’t call it an agreement yet,” Larry Kudlow, Director of Mr. Trump’s National Economic Council, told reporters in a call on Monday. Noting that a similar pause in hostilities in May later fell apart, economists also warned that the sides remain far apart in ironing…

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Trade Truce Helps Lift Wynn’s Stock #news @nytimes

Trade Truce Helps Lift Wynn’s Stock #news @nytimes

Get the DealBook newsletter to make sense of major business and policy headlines — and the power-brokers who shape them.__________Some of the hardest-hit stocks of the past two months — Amazon, Apple and Advanced Micro Devices — were rebounding Monday, as investors reacted to news that the United States and China had agreed not to…

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