US and China extend fragile trade truce by two months

skai.gr (Greek) —

The US and China agreed Wednesday to extend their fragile trade truce for two months, until January 10, US Treasury Secretary Scott Bessent announced. The extension came as President Donald Trump personally welcomed Chinese President Xi Jinping with military honors at a base near Washington. Bessent confirmed the decision on Fox News, stating the economic de-escalation, originally set to expire November 10, was prolonged to allow more time for negotiations. The truce was initially agreed upon by Trump and Xi last autumn. The announcement marks a continued effort to manage tensions between the world's two largest economies, though the underlying trade disputes remain unresolved. The extension provides a temporary buffer for ongoing diplomatic and economic discussions.


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US and China extend fragile trade truce by two months | News Minimalist