China and US agree on tariff 'truce' that could avoid tech price hikes
They hope to address tech transfers and other disputes within 90 days.
If you were worried that some technology prices would go up (among other things) as a result of incoming
US tariffs on Chinese goods, you can breathe a little easier -- for now.
The US and China have agreed to a tariff "truce" that will give the two sides time to negotiate without
the US imposing further tariffs. The Americans will leave their tariffs at the 10 percent rate on January 1st,
2019, rather than raising it to 25 percent. The countries will have 90 days to hash out their differences
on issues like intellectual property theft and patents -- if they can't reach a deal when those 90 days are over,
the tariffs go up.