With both sides facing increasing political pressure and risking damage to their economies, the two sides worked out an agreement at the G-20 meeting that will delay imposition of new tariffs and a planned Jan. 1 increase on $200 billion worth of Chinese goods to 25% from 10% in hopes that a permanent arrangement can be made within a set 90-day period. China, in return, said it would resume buying American agricultural and other products in excess of the $70 billion that was promised in June if the U.S. didn’t impose tariffs.

While the agreement is certainly a positive development, it ... Log in to view full article.