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China-US Trade Truce Extended As Xi Arrives
Source: Bloomberg
Trade Policy & Supply ChainGeopolitics & War
The US and China agreed to extend their trade truce by two months, according to Treasury Secretary Scott Bessent, coinciding with President Xi Jinping's first US state visit in 11 years. The extension temporarily reduces the risk of renewed bilateral tariffs or trade restrictions, though the short duration signals that negotiations and policy uncertainty remain unresolved.
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