By Ryan Hanrahan
The Associated Press’ Michelle L. Price and Didi Tang reported that “Chinese President Xi Jinping arrived in Washington on Wednesday, where he was met with a rare planeside greeting from President Donald Trump after their top officials agreed to extend a trade truce until January.”
“Trump’s Treasury Secretary Scott Bessent announced the extension of the truce — under which the countries agreed to scale back tariffs and refrain from imposing new trade restrictions — during a Fox News Channel interview as Trump welcomed Xi at Joint Base Andrews just outside Washington,” Price and Tang reported. “‘I don’t know whether a bigger deal can be done. I don’t know whether we will just roll the current deal,’ Bessent said in the interview, noting the extension to Jan. 10 could give the leaders more time to talk about the issues at upcoming international summits in China in November and Florida in December.”
Bloomberg’s Yash Roy reported that “the one-year truce between Beijing and Washington — unveiled at a summit between Trump and Xi in Busan, South Korea (in October 2025) — saw the suspension of some tariffs, rare earth curbs and hefty fees for Chinese-built and -owned vessels calling at US ports.”
“‘There’s some deliverables that have not been perfect on the Chinese side,’ Bessent said, without providing details,” according to Roy’s reporting. “While Beijing has been ‘very fulsome’ with regard to buying US soybeans this year, China is ‘a little behind schedule’ on other agricultural commitments. ‘We are encouraging them to pick those up.'”
Source : illinois.edu