Why the United States has accepted China as super power, reason has surfaced. According to Khouj News sources, the U.S. president has accepted China as economic power at a G-20 summit in Japan.
Both countries have been fighting on the trade front for over a year.
The United States and China have decided to stop tax imposition on each other and trade war.
According to international news agency, the presidents of the United States and China sorted out their differences at a G-20 summit in Japan at a sideline meeting.
Both countries will not impose additional taxes at the products.
At the agreement of stopping the trade war, the U.S. President Donald Trump and Chinese President Xi Jinping also made a deal on environment safety.
The trade war agreement will have a positive impact on the international trade and promote peace and stability in the region.
It is pertinent to mention that the U.S. president after getting elected termed the U.S. economic policies foolish and started trade war with China and both countries imposed taxes on the import products leaving negative impact on the international economy.