
US Treasury Secretary Scott Bessent announced that Washington and Beijing have agreed to a two-month extension of the trade truce, which expires on November 10, extending it to January 10 following talks with Chinese Vice Prime Minister He Lifeng.
AI-generated summary
The US-China trade truce was set to expire on November 10 after previous agreements to reduce tariff tensions.
US Treasury Secretary Scott Bessent announced that Washington and Beijing have agreed to a two-month extension of the trade truce, which expires on November 10. After talks on Sunday with Chinese Vice Prime Minister He Lifeng, Bessent said the world's two largest economies had agreed to extend "the economic détente between the two countries, which was supposed to end on November 10. This period will be extended until January 10."
AI outlook — possibilities, not facts
Negotiations for a more substantive trade deal will resume after the extension
Possible · Within months

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