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The Economic Times
The Economic Times
National

After Trump-Xi handshake, Bessent says US-China 'Busan Agreement' extended till January 10

US Treasury Secretary Scott Bessent said the United States and China have agreed to extend their one-year trade truce until January 10, shortly after President Donald Trump and Chinese President Xi Jinping shook hands on the tarmac at Joint Base Andrews.

Speaking to Fox News after meeting Chinese Vice Premier He Lifeng in Washington, Bessent said the two sides had agreed to extend what he called the “Busan Agreement”, which was due to expire on November 10.

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