{
  "id": 9448461,
  "title": "US Treasury Secretary Bessent says US-China trade truce extended through January 10",
  "url": "https://urgent.news/2026/09/24/us-treasury-secretary-bessent-says-us-china-trade-truce-extended",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-24T00:03:32.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/us-treasury-secretary-bessent-says-us-china-trade-truce-extended-through-january-10-202609240003"
  },
  "original_language": "en",
  "account": "US Treasury Secretary Scott Bessent announced that the US and China have agreed to extend their bilateral trade truce until January 10. The truce, also known as the \"Busan Agreement,\" was initially set to expire in November. This extension was discussed after a meeting between Bessent and China's Vice Premier He Lifeng in Washington. Bessent mentioned that a larger economic package could be reached by January, but it's also possible to simply extend the current deal. Chinese President Xi Jinping and his wife Peng Liyuan arrived at Joint Base Andrews outside Washington before 6 p.m. local time on Wednesday, expressing confidence in the meeting's outcome. Prior to the US-China trade war, which began in 2018, both countries imposed tariffs on each other's goods due to concerns over unfair trade practices and intellectual property theft. The conflict was temporarily paused during the COVID-19 pandemic, but tensions have re-emerged under President Joe Biden's administration, with Trump pledging to impose even higher tariffs upon his return to the White House.",
  "summary": "US Treasury Secretary Scott Bessent said that the United States (US) and China have agreed to extend a bilateral trade truce that was set to expire in November through January 10, Blomoberg reported on Wednesday.",
  "key_points": [
    "US-China trade truce extended through January 10",
    "Truce, known as Busan Agreement, initially set to expire in November",
    "Meeting between Bessent and He Lifeng in Washington discussed extension"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "RTHK News - Finance",
        "title": "'US-China trade truce to be extended to January'",
        "url": "https://urgent.news/2026/09/23/us-china-trade-truce-to-be-extended-to-january",
        "published": "2026-09-23T22:53:18.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}