U.S. and China extend trade truce until January 10
U.S. Treasury Secretary Scott Bessent said the United States and China agreed to extend their Busan trade truce by two months, from its scheduled November 10 expiry until January 10, 2027. The extension keeps tariff and trade-restriction relief in place while the sides continue economic discussions; Chinese officials had not officially confirmed the extension in reports published shortly after the announcement.
Countries involved United States · 2 outletsChina · 0 of our 4 outlets
First reported among our outlets by Yonhap News Agency (South Korea), · most coverage from United States (2), United Kingdom (2), South Korea (2), Russia (2)
What the parties said
United States
Bessent said the two countries had agreed to extend a trade truce until January
We have agreed today that we will extend what we call the Busan Agreement,
the idea is to extend the "gentleman's agreement" to reduce tensions between Beijing and Washington despite their rivalry
Coverage
Fox News · United States23 Sep 23:28Bessent reveals extension to Busan agreement with China until January
We have agreed today that we will extend what we call the Busan agreement, the economic detente between the two countries that was scheduled to end on Nov. 10 that is going to be…
NPR · United States24 Sep 12:43Trump rolls out the red carpet for Xi as high-stakes summit begins
an announcement Beijing has not officially confirmed.
The Hankyoreh · South KoreaBlue House: “It’s positive that U.S.-China relations are being managed… the grace period has been set short”
3 more from The Hankyoreh
US Treasury Secretary Bessent: “Agreed to extend US-China trade truce by two months”Xi Jinping demands that Trump oppose Taiwan independence to his face… “Lavish protocol, meager results”US and Chinese leaders begin White House talks…Trump: “I’ll discuss security and AI with Xi Jinping”
Yonhap News Agency · South Korea25 Sep 02:23[U.S.-China summit] Stability takes center stage… extending the trade truce by “just two months” could count as an achievement
11 more from Yonhap News Agency
US Treasury: US and China agree to extend trade truce by two months… China: “AI discussed for the first time” (Roundup 2)US Treasury Secretary: “Agreed to extend US-China trade truce by two months… until January 10 next year” (updated)US Treasury Secretary Bessent: US and China agree to extend trade truce by two months[U.S.-China summit] Lavish ceremony on the surface … but the substance of the meeting remains hiddenXi says U.S., China reach new trade arrangement during summit with Trump: reportXi says U.S., China reach new trade arrangement during summit with Trump: reportXi says U.S., China reach new trade arrangement during White House summit: report[US-China summit] “Chinese business leaders head to Washington separately from Xi Jinping… dinner attendance uncertain”Trump, Xi stress friendship, shared interests, cooperation ahead of White House talksUS and Chinese leaders to meet face-to-face for first time in four months… Focus on extending trade truce and AI agreementTrump gives Xi rare welcome at military base on eve of high-stakes summit
France 24 · France24 Sep 01:48Trump gives Xi rare airport welcome as Chinese leader begins US state visit
there are no Chinese CEOs in Xi's delegation
Le Monde · France23 Sep 23:21As Xi Jinping arrives in the United States, Washington announces extension of trade truce with Beijing
Der Spiegel · Germany24 Sep 05:18US and China Extend Ceasefire in Tariff War
Ukrainska Pravda · Ukraine24 Sep 03:40AP compares Trump's meetings with Xi Jinping and Putin
the two sides agreed to reduce tariffs and refrain from introducing new trade restrictions
BBC News · United Kingdom24 Sep 02:36Trump offers warm welcome as China's Xi arrives for US visit
The agreement, which saw Trump lower tariff rates on some goods in exchange for Xi loosening restrictions on rare earth minerals, was set to expire 10 November.
The Guardian · United Kingdom23 Sep 23:30Trump greets Xi Jinping on arrival in rare move as US-China trade truce extended
the US and China agreed on Wednesday to extend the so-called “Busan agreement”
Clarín · Argentina24 Sep 02:30Trump welcomes Chinese President Xi Jinping to Washington as trade truce is extended
10 more from Clarín
Chinese analysts highlight favorable tone of Trump’s reception of Xi in WashingtonEuropean companies in China welcome extension of trade truce between Washington and BeijingXi urges Trump to build a China-US relationship of “partners, not rivals”US Treasury secretary says trade truce with China will be extended until January 10US and China agree to extend trade truce until JanuarySummit in Washington between Donald Trump and Xi Jinping: a quest for economic relief amid low expectationsWall Street closes with little momentum as bond yields rise againXi proposes “human control” over artificial intelligence to TrumpChina confirms its first dialogue with the U.S. on AI, but does not clarify whether the truce will be extendedTrump rolls out the red carpet for Xi Jinping in an unusual welcome to Washington
teleSUR English · Venezuela24 Sep 16:07China and the U.S. Must Compete While Avoiding Conflict: President Xi
Washington said Wednesday will be extended for two months
Okaz · Saudi Arabia24 Sep 22:46China and the United States reach a new trade arrangement
1 more from Okaz
Trump and Xi... Show of Force Precedes Trade and AI Summit
Hürriyet · Türkiye24 Sep 10:54A grand welcome in the US! Trump puts on a show of strength
CBC News · Canada24 Sep 08:00U.S.-China summit highlights the 'hypocrisy' of American trade policy, experts say
Trump also reportedly got that extension with China late on Wednesday.
RIA Novosti · Russia24 Sep 03:45The U.S. and China extend trade agreement until January 10
TASS · Russia23 Sep 23:10US, China to extend trade de-escalation arrangements — US Treasury secretary
Washington and Beijing agreed to extend the arrangements aimed at easing trade tensions through January 10 next year, US Treasury Secretary Scott Bessent said.
NDTV · India24 Sep 02:21Team Trump Announces Trade Truce With China As Xi Begins Rare US Visit
I don't know whether a bigger deal can be done.
The Hindu · India25 Sep 01:36Trump hosts Xi for state dinner as pomp masks tensions
One minor success -- the extension of a trade truce by two months until January -- was less than the two years that the Chinese had been hoping for.
Daily Jang · Pakistan25 Sep 04:09Elon Musk, Tim Cook and Sam Altman hold key meeting with Xi Jinping at Donald Trump’s state dinner
Where accounts differ
The purpose and effect of trade-related export controls
The United States accuses China of deliberately withholding certain raw materials.
China says its rare-earth export controls are intended to prevent military use.