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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.

· 1 min read · language: en

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

EGazette summarizes reporting from multiple sources; follow the links for the originals.

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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.

· 1 min read

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