Trump, Xi Set to Formalize Trade Truce After Months of Chaos (2)

Donald Trump and Xi Jinping are set to finalize a détente as they meet Thursday in South Korea, putting the world’s biggest trade fight on hold — at least for now.

Initial signals indicate the leaders are readying a pact that could see a rollback of some tariffs, fees and export restrictions threatened or implemented in recent months. That includes a reduction in US duties linked to fentanyl, approval of the sale of TikTok’s US operations, soybean purchases and a deal to halt measures including China’s sweeping plan to require licenses for goods with even a trace amount of ...