US and China Extend Trade Truce as Trump Hosts Xi in Washington

The United States and China have agreed to extend their 11-month trade truce until January 10, according to Treasury Secretary Scott Bessent, as President Donald Trump welcomed Chinese President Xi Jinping to Washington for a three-day visit. The visit marks Xi's first trip to the U.S. in nearly three years, with trade, technology, Iran, and Taiwan topping the agenda. Trump personally greeted Xi at Andrews military base, the first such reception for a foreign leader there in 11 years. Xi stated China and the U.S. should be partners, not rivals. Deep disagreements remain on export controls, rare earth minerals, and Taiwan, with analysts expecting no major breakthroughs. The state dinner will include tech leaders like Tim Cook and Jensen Huang, while both nations plan separate statements rather than a joint press conference.