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U.S. and China Extend Trade Truce Until January, Bessent Announces

The United States and China agreed to extend their trade truce until January, according to Treasury Secretary Scott Bessent.

Bessent, who leads the negotiations with Beijing, announced the two-month extension on Tuesday.

The pause delays the return of steep tariffs that had been set to resume in the coming weeks.

The truce gives both sides more time to resolve disputes over technology, agriculture, and market access.

Washington had threatened new levies on Chinese goods if talks failed to produce progress.

Beijing has faced similar pressure, with retaliatory measures ready if the truce collapsed.

The extension avoids an immediate escalation that could disrupt global supply chains and raise consumer prices.

Negotiators are expected to continue meeting through the fall to address remaining sticking points.

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