
Oil prices surged in early trading on Monday after the United States and China agreed on a truce in their trade conflict and ahead of a meeting by producer club OPEC this week that is expected to result in a supply cut.

Presidents Mauricio Macri of Argentina and Xi Jinping of China Sunday met in a post-G20 encounter at the former's residence in the outskirts of Buenos Aires to further develop the relations between their two countries.

US President Donald Trump and his Chinese counterpart Xi Jinping have agreed to halt new trade tariffs for 90 days to allow for talks, the US says. The two men met in Buenos Aires after the G20 summit for their first talks since a trade war erupted this year.

The famous Air Force One, a veritable Flying White House, landed in Ezeiza at 10.10 pm amid tight security measures right on time for US President Donald Trump to rest and get ready for Friday's breakfast meeting with his Argentine colleague Mauricio Macri.

Argentina and China are aiming to close a deal within days for the construction of the country's fourth nuclear power plant, a multi-billion dollar project that would cement Beijing’s deepening influence in a key regional U.S. ally.

While in Argentina for the upcoming G-20 Summit, Russian President Vladimir Putin is expected to hold bilateral talks with France's Emmanuel Macron, China's Xi Xinpung and German Chancellor Angela Merkel, Kremlin sources announced Wednesday.

Chinese President Xi Jinping on Tuesday left Beijing to visit Spain, Argentina, Panama and Portugal, and to attend the G20 summit. President Xi will pay state visits to the four countries from November 27 to December 5. During his trip to Argentina, Xi will attend the G20 summit from November 30 to December 1 in Buenos Aires.

U.S. President Donald Trump is open to reaching a deal on U.S.-China trade irritants over dinner on Saturday with Chinese leader Xi Jinping but is ready to hike tariffs on Chinese imports if there is no breakthrough, White House economic adviser Larry Kudlow said on Tuesday.

United States president Donald Trump and Chinese leader Xi Jinping will meet on Saturday in Argentina on the sidelines of a Group of 20 summit in Buenos Aires, a U.S. media outlet reported on Monday. The two leaders will meet a day after the United States, Mexico and Canada sign a new trilateral trade agreement, the online edition of Inside U.S. Trade said.

With international tensions on trade set to come to a head at the Group of 20 Leaders Summit next weekend, Argentina is hoping to find agreement on improving global stability, even if deep disagreements remain. Foreign Minister Jorge Faurie said the November 30-December 1 meeting in Buenos Aires should stress the importance of trade itself, at a time that the former consensus against protectionism breaks down.