US-China Trade Truce Extended as Xi Visits Trump

The United States and China have extended their trade truce for another two months, pushing back the tariff negotiation deadline to January 10. This decision comes as Chinese President Xi Jinping visits the US, marking his first trip in 11 years. In a break from protocol, President Trump personally greeted Xi and his wife on the tarmac at Andrews Joint Base.

Treasury Secretary Scott Bessent announced the extension of the trade truce, which preserves the lower-tariff framework established during the previous pause. However, this agreement does not resolve the broader dispute between the two countries over tariffs, technology competition, and sensitive military supply chains.

For crypto markets, the extension postpones another tariff deadline while leaving the larger trade relationship unsettled. The next milestone is January 10, when the delayed negotiations are due to come into focus.