The New York Times reports: "Stocks rose on Wall Street Monday after President Trump and President Xi Jinping of China reached a truce in the countries' trade war. Shares of industrial stocks rose, as exporting giants such as Boeing, Caterpillar and Deere pulled the export-reliant S&P 500 industrial sector higher. Semiconductor makers, which have been hurt by the potential for the trade war to disrupt their widespread production networks in Asia, rose as well. Those early gains, however, were tempered by doubts that the fragile cease-fire — essentially a 90-day postponement of planned additional American tariffs on Chinese imports — would put the dispute between the world's two largest economies to rest permanently. After gaining nearly 1.4 percent in early trading Monday, the S&P 500 was up by less than 1 percent by late morning. 'Just because they have a truce for three months doesn't mean this thing is going away,' said Jurrien Timmer, director of global macro at asset manager Fidelity Investments in Boston. The rally in American stocks followed solid increases in Asian and European equity markets."

The Washington Post reports: "China seems to have a markedly different view of the trade war cease-fire reached with the Trump administration over the weekend, with state media making no mention Monday of a 90-day time frame or a reduction in tariffs on imported American cars — or indeed any specifics about buying more American products. That raises the prospect that the two sides have come away from their meeting in Buenos Aires, on the sidelines of the Group of 20 summit, with very different ideas about what comes next. 'Do we have another Singapore summit, where the North Korean delegation went home with a very different set of perspectives?' asked Paul Haenle, an Asia adviser to presidents George W. Bush and Barack Obama, now running the Carnegie-Tsinghua Center in Beijing. He was referring to the June summit between President Trump and North Korean leader Kim Jong Un, which seemed to produce different definitions of the word 'denuclearization.'"

The Wall Street Journal reports: "Chinese regulators have significantly slowed approving independent movies imported from the U.S., the latest sign of tension between Hollywood and its most important foreign market. Producers and distributors say the regulators are keeping the smaller films mired in bureaucratic red tape for months longer than normal. Meanwhile, money has stopped flowing out of China, and new Communist Party regulations have been enacted against non-Chinese programming. The result is that parts of the entertainment industry that once benefited from nonstop growth in China have now been hit by the same trade dynamic roiling goods from soybeans to semiconductors. 'Things have just ground to a halt,' said Kirk D'Amico, chief executive of Myriad Pictures, a Los Angeles production and distribution company. As with most deal making in China, it's hard to say with certainty what is behind the slowdown: Regulators never offer explanations for their decisions, and other actions by the Chinese government also have made it harder for Hollywood to do business. Still, producers and executives say getting movies into China and getting funds out has grown more difficult alongside worsening relations between the two countries."