Trump and Xi extend trade truce by two months in Washington

President Trump hosted Chinese President Xi Jinping at the White House on Thursday, where the two leaders extended their trade truce by two months but failed to resolve core disputes over tariffs, agricultural purchases, and technology restrictions. The extension, announced by Treasury Secretary Scott Bessent, gives both sides more time for economic talks, though China is lagging on pledges to buy US$17 billion in agricultural goods and rare-earth deliveries. Xi also pressed Trump to handle the Taiwan question with "prudence," while both leaders discussed AI governance and invoked historical cooperation. Xi referenced the "Thucydides Trap" to warn of strategic rivalry risks, calling for military dialogue, while Trump emphasized shared history and avoided new AI guardrails. The state visit featured elaborate ceremonies, and major AI executives attended the state dinner.