US and China Extend Trade Truce to January 10

The United States and China have agreed to extend their trade truce until January 10, delaying new tensions to allow more time for negotiations. The announcement was made by US Treasury Secretary Scott Bessent. The previous economic de-escalation agreement was set to expire on November 10, but both Washington and Beijing decided to maintain the freeze on new tensions. Bessent stated they need more time to explore economic cooperation possibilities. The extension was announced as President Donald Trump personally welcomed Chinese President Xi Jinping at Andrews military base, beginning a state visit. Their talks are expected to cover trade, tariffs, critical minerals, and technology competition.