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Trump, Xi Buy Time on Trade With Truce Extension

Source: Bloomberg

Trade Policy & Supply ChainGeopolitics & WarElections & Domestic Politics

The US-China agreement reached last year was extended by two months through Jan. 10, announced by Treasury Secretary Scott Bessent as President Donald Trump met China's Xi Jinping. The extension reduces the immediate risk of disruption in bilateral trade relations, but leaves negotiations subject to a near-term deadline and ongoing geopolitical uncertainty.

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