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President Donald Trump exited the G20 summit in Argentina with a China trade truce and plans to put an end to the North American Free Trade Agreement.
In the agreement with China, the United States had been scheduled to increase the duty on $200 billion of Chinese goods to 25 percent from 10 percent on Jan. 1. The United States will now keep the level at 10 percent for the next 90 days as negotiations continue.
Trump also told reporters he would cancel NAFTA ahead of the congressional approval of the new trade deal with Mexico and Canada, called the U.S.-Mexico-Canada Agreement.
"Congress will have a choice of the USMCA or pre-NAFTA," he said.
Read more from NPR.
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