US-China trade truce extended two months as Xi begins state visit
Treasury Secretary Bessent said the deal, due to expire in November, now runs to January 10, with more expected from Beijing.
The trade truce between the United States and China has been extended by two months, US Treasury Secretary Scott Bessent said, with the agreement that was set to expire in November now running until January 10.
Bessent noted that the extension comes with an expectation that Beijing will fulfill additional deliverables under the arrangement, suggesting the extra time is meant to allow China to follow through on commitments rather than simply postponing the deadline without conditions.
Timed with Xi's visit
The announcement coincides with Chinese President Xi Jinping beginning a state visit to the United States, adding diplomatic weight to the timing of the trade truce extension.
The extension provides both governments additional room to negotiate before the new January 10 deadline, though Bessent's comments indicate that outstanding items remain to be addressed on the Chinese side.
The move follows a pattern of incremental extensions between the two countries as they work through ongoing trade disputes, with the latest extension aligning with Xi's high-profile visit to Washington.
Sources
- U.S.-China trade truce extended for two months, Bessent says, as Xi begins state visit — CNBC — Top News
EGazette summarizes reporting from multiple sources; follow the links for the originals.
Related articles
Xi arrives in US for talks as Trump seeks to steady global relations
The Chinese leader's visit includes high-level talks and a state dinner with President Trump.
US and China Agree to Extend Trade Truce to Jan. 10
The US Treasury Secretary said the two countries will extend their economic detente, known as the Busan Agreement, which had been set to expire Nov. 10.
Top US, Chinese trade negotiators meet again ahead of Trump-Xi summit in Washington
Treasury Secretary Scott Bessent said Washington wants 'strategic stability' with Beijing, but stressed it must be based on reciprocity and fairness.
As Trump and Xi Meet, Chinese Automakers Loom Large Over US Auto Industry
US lawmakers and automakers are pushing to maintain restrictions on Chinese vehicles as the two leaders hold talks.

Trump to welcome Xi for high-stakes state visit
The U.S. and Chinese leaders are set to meet for the second time this year as Washington and Beijing look to further ease trade tensions.
Erdogan Says He Hopes Turkey-US Trade Volume Will Reach $100 Billion
The Turkish president made the remarks while meeting members of the Turkish-American business community at Turkish House.
Comments
Loading comments…