Trump-Xi summit: US-China trade truce extended, India watches closely
President Donald Trump and China's President Xi Jinping concluded the first day of a two-day summit in Washington DC, focusing on stability and cooperation in bilateral relations. A trade truce expiring in November was extended by two months until January, keeping tariffs on Chinese goods stable while ensuring US access to critical minerals. Both leaders stressed dialogue on AI and "win-win cooperation," with Xi also announcing panda loans and a student exchange proposal. US Democratic senators criticized the summit as lacking substance, and analysts viewed the modest truce extension as a limited achievement. India and other Asian nations are closely watching Trump's efforts to court Xi, including a rare personal airport welcome, amid concerns about a potential US-China G2 that could sideline regional allies.