měi zhōng美中mào yì贸易xiū zhàn休战yán cháng延长liǎng gè两个yuè月
After Chinese President Xi Jinping arrived in Washington, U.S. Treasury Secretary Bessent announced that the United States and China had agreed to extend their trade truce by two months, until January 10 next year.
This gives both sides more time to continue discussing economic and trade issues.
U.S. President Trump will meet with Xi Jinping. Tariffs, rare earths, agricultural products, and artificial intelligence are all important topics.
In the past, the two countries raised tariffs on each other, and their trade relationship became increasingly tense.
Later, the United States agreed to lower some tariffs, while China promised to buy more U.S. soybeans and address issues related to rare-earth exports.
Now, the two countries are also considering lowering tariffs on some ordinary goods.
Both sides hope to keep their relationship stable, but they still have different views on issues such as rare-earth supplies and purchases of agricultural products.