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Bessent Says US, China Agreed to Extend Trade Truce, More

Source: Bloomberg

Trade Policy & Supply ChainGeopolitics & War
Bessent Says US, China Agreed to Extend Trade Truce, More

US Treasury Secretary Scott Bessent said the US and China agreed to extend their trade truce through Jan. 10. The extension reduces near-term tariff and trade-policy escalation risk between the two largest economies, supporting global supply-chain stability, though the limited duration leaves uncertainty over a longer-term agreement.

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