China-US Trade Truce Extended As Xi Arrives
AI Summary
The US and China extended their trade truce by two months as Chinese President Xi Jinping visits the US for his first state visit in eleven years. This extension aims to ease ongoing trade tensions between the two countries.
United States Treasury Secretary Scott Bessent announced the US and China have sealed a two-month extension to their trade truce, as Xi Jinping landed in America for his first state visit in eleven years. Stephen Engle reports from Washington. (Source: Bloomberg)
Politics Markets Deals Commodities US-China trade trade truce Xi Jinping state visit Washington Scott Bessent