Economy · World

US and China Extend Trade Truce by Two Months

The United States and China have agreed to extend their trade truce by two months, with the agreement now set to last until January 10. U.S. Treasury Secretary Scott Bessent, who is leading talks with China, announced the extension. The truce allows both countries to assess China's adherence to trade commitments. The extension comes as Chinese President Xi Jinping is scheduled to arrive in Washington for a state visit.

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