Trump Extends Tariff Pause Two Months as Xi Visits US

US President Donald Trump hosted Chinese President Xi Jinping for a three-day visit, presenting a gift of extending the tariff pause for two additional months until January. The extension was announced ahead of Thursday's talks. US Treasury Secretary Scott Bessent confirmed the Busan Agreement, set to expire November 10, was extended to January 10. Expectations for a comprehensive breakthrough remain low, though sector-specific tariff reductions, anti-drug cooperation, and military dialogue are possible. Xi is expected to reaffirm China's claims on Taiwan, while Trump maintains strict export controls. The summit includes a state banquet with tech leaders from Apple, Nvidia, and OpenAI, and marks Xi's first US visit in nearly three years.