Both countries announce an initial deal where new tariffs to be mutually imposed on December 15 would not be implemented. China says it "will buy more high quality of American agricultural products", while the United States says it will halve the existing 15% tariffs.
The U.S. Federal Communications Commission (FCC) unanimously votes to label Chinese telecommunications giants Huawei and ZTE as national security risks, thereby disqualifying them from the Universal Service Fund. In a separate vote, the FCC mandates that national wireless carriers remove both companies' products from their existing networks. The companies have 30 days to appeal.
China announces that it will allow the import of soybean meal from Argentina, to ensure livestock feed under the impact of the trade war with the U.S. Apart from Argentina, China has been increasing imports of soybeans and soymeal from other channels, such as allowing soybean meal, rapeseed meal and sunflower meal from Russia since September 6.
China lets its currency drop to its lowest reported level since 2008 and also asks its state-owned companies to halt imports of U.S. agricultural products. In response the U.S. Treasury Department designates China as a currency manipulator.
U.S. President Donald Trump and Chinese President Xi Jinping meet at the G20 summit and reach a deal that will allow American companies to sell non-sensitive technology to Huawei while China will buy food and agricultural products from the United States.