U.S. and China agree to extend trade truce through January 10, Bessent says
The extension gives both sides more time to pursue additional tariff and purchase deals, officials said.
- Treasury Secretary Scott Bessent announced on Wednesday that The United States and China have extended the "Busan Agreement" trade truce through January 10, moving the original November 10 expiration date.
- Washington hosted an unscheduled meeting between Bessent and China's vice premier He Lifeng earlier Wednesday; minutes later, President Jinping arrived for his first trip to The United States in over a decade.
- Since Sunday, Bessent and Trade Representative Jamieson Greer have held talks proposing measures like exchanging alerts about AI-related hacking, while discussing lists of goods for lower tariffs under Trump's "Board of Trade" initiative with China.
- Chinese deliverables have not been perfect, Bessent noted, as The United States expects more fulsome enactment of existing agreements during this critical testing period through January.
- Bessent suggested it is "possible a larger economic package" may be agreed upon by January, adding the administration may "just roll the current deal" or await further announcements on agricultural and financial services deals with China.
22 Articles
22 Articles
Washington, Sep 23 (EFE).- The United States and China agreed to extend their trade truce until January, US Treasury Secretary Scott Bessent announced Wednesday, on the very day of the arrival of Chinese President Xi Jinping to Washington to meet Donald Trump. Bessent said in an interview on Fox that both countries [...] The US and China entry agree to extend their trade truce until January was first published in HolaNews.
This website is from Cedarnews.net. We are the first to learn about the latest developments and the world of commerce. [Washington, Jiji Press] U.S. Treasury Secretary Bencent revealed in an interview with FOX News on the 23rd that the U.S. had agreed to extend the deadline for the trade agreement with China signed last October. Cedarnews الإخباري. العاجلة والتقارير الحصرية، زوروا موقعنا الرسمي.
US, China agree to extend 'the Busan agreement' until January, Bessent ...
The United States and China have agreed to extend the pause in the trade war between the parties until January, according to US Treasury Secretary Scott Bessent.
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