What Happened It feels like deja vu all over again as the 2019 G-20 summit ends the same way as the 2018 G-20 summit: With China and the United States agreeing to a truce in their trade war and vowing to restart trade negotiations. As a part of Washington and Beijing's truce, the United States has agreed to indefinitely delay placing more tariffs on Chinese imports — including the current threat to put tariffs on about $300 billion worth of goods — as long as the trade negotiations make progress. In addition to the tariff cease-fire, the United States has reportedly agreed to lift some of its export controls on Chinese technology giant Huawei Technologies . In exchange, China has promised to buy more American agricultural products. What's not clear is when such activity will take effect.