Xi Jinping’s decision to stand his ground against Donald Trump could hardly have gone any better for the Chinese leader. After two days of high-stakes talks in Switzerland, trade negotiators from the world’s biggest economies announced Monday a massive de-escalation in tariffs.

US President Donald Trump said he would speak to Chinese President Xi Jinping “maybe at the end of the week” after Washington and Beijing de-escalated their trade war over the weekend.

Brazil's President Luiz Inacio Lula da Silva heads to Beijing this week to meet his counterpart Xi Jinping, seeking to tighten relations between the two nations while leveraging U.S. President Donald Trump's unpredictable trade policies to boost exports of grains,