China trade deal extended through January, Bessent says, as Xi arrives for Trump meeting

U.S. and Chinese officials have agreed to extend their trade truce by two months. The announcement came as President Xi Jinping arrived in the U.S. for a summit with President Trump.
Treasury Secretary Scott Bessent said Wednesday that U.S. and Chinese officials agreed to extend their trade truce by two months, after Chinese President Xi Jinping arrived in the U.S. for a summit with President Trump. “We have agreed today that we will extend … the détente, economic détente between the two countries that was scheduled...
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