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

AI Summary

The United States and China have agreed to extend their trade truce until January 10, allowing more time to assess China's adherence to trade commitments. Discussions include broader issues such as artificial intelligence and Taiwan relations, indicating ongoing dialogue on critical bilateral and global matters.

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.