
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.

Treasury Secretary Bessent said the deal, due to expire in November, now runs to January 10, with more expected from Beijing.
Treasury Secretary Scott Bessent said Washington wants 'strategic stability' with Beijing, but stressed it must be based on reciprocity and fairness.
Scott Bessent said Washington is intensifying pressure on Iran, telling CNBC that all Iranian airlines will be shut down starting Wednesday.
Bessent spoke with CNBC as the Trump administration faces scrutiny over affordability, after meeting his Chinese counterpart ahead of a Trump-Xi summit.
Bessent told CNBC the administration will not grant AI companies a legal 'liability shield,' amid discussion of AI safety and this week's Trump-Xi summit.
US Treasury Secretary Scott Bessent and Chinese official He Lifeng met in New York ahead of a planned meeting between Presidents Trump and Xi.
Treasury Secretary Scott Bessent and Chinese official He Lifeng held talks in New York in the run-up to a meeting between Presidents Trump and Xi.
The Treasury secretary's comments come ahead of the Sept. 24 meeting between Presidents Trump and Xi, CNBC reported.
Scott Bessent and Chinese Vice Premier He Lifeng discussed trade, AI and critical minerals ahead of the September 24 summit between Presidents Trump and Xi, according to CNBC.
Bessent's remarks come as talks with Chinese Vice Premier He Lifeng are set in New York ahead of a planned Washington summit between Trump and Xi

Scott Bessent faced pointed questions on energy prices, government debt and the administration's economic agenda during a House hearing, according to CNBC.