US and China ease trade war tensions by agreeing 'framework' truce in London – business live

02.23 EDT Introduction: US and China agree to framework deal to restore trade war truce Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. "Jaw, jaw is better than war, war," as Harold Macmillan once remarked. And after two days of talking in London, the US and China have managed to patch up their trade conflict truce. Just before midnight last night the two countries agreed a framework that, it is hoped, will ease tensions between the two economic superpowers. It will reinforce their initial agreement made in Geneva a month ago,…