There were a few developments over the weekend on the China-U.S. trade battle and other matters. Here’s a summary to catch you up on some details.

U.S. and China call truce in trade war
New York Times: The United States and China called a truce in their trade war on Saturday after President Donald Trump agreed to hold off on new tariffs and President Xi Jinping pledged to increase Chinese purchases of American products. The two also set the stage for more painstaking negotiations to resolve deeply rooted differences over trade. The compromise, struck over a steak dinner at the Group of 20 meeting and announced in a White House statement, was less a breakthrough than a breakdown averted.

U.S.-China trade truce gives both sides political breathing room
New York Times: The agreement reached by President Donald Trump and President Xi Jinping of China to effectively pause their trade war and work toward a pact appears to be aimed at giving the two leaders some political breathing room after an escalating fight has begun inflicting economic damage on both sides of the Pacific.

Four big differences that could endanger Trump and Xi’s trade deal
CNN Politics: Stock markets across the world rose today after the United States and China agreed to a temporary truce in their trade war, negotiated over dinner in Argentina on Saturday. But stark differences in the language used by Washington and Beijing in announcing the deal could spell trouble as both countries begin negotiations aimed at striking a permanent end to trade tensions.

Trump leaves G-20 with China trade truce, plans to cancel NAFTA ahead of new pact
NPR: On Air Force One returning from Buenos Aires after the G-20 summit, President Donald Trump told reporters he would move to cancel NAFTA, the trade agreement with Mexico and Canada.

Dow rises about 300 points on trade-war timeout
MarketWatch: U.S. stocks rose early today, after the U.S. and China called a temporary truce to their trade war over the weekend, triggering relief buying of perceived riskier assets such as equities.