‘Bigger deal’ on table: US, China extend trade truce by two months

 The United States and China have decided to extend their trade agreement until January 10. This extension follows a series of discussions between US treasury secretary Scott Bessent and Chinese vice-premier He Lifeng. The truce allows both countries to evaluate China’s compliance with trade commitments while discussing broader agreements. Meetings will address various issues, including artificial intelligence and Taiwan relations. The United States and China have decided to extend their trade agreement until January 10. This extension follows a series of discussions between US treasury secretary Scott Bessent and Chinese vice-premier He Lifeng. The truce allows both countries to evaluate China’s compliance with trade commitments while discussing broader agreements. Meetings will address various issues, including artificial intelligence and Taiwan relations.