Chinese President Xi Jinping Is Already In Washington. Bessent Says a Trade Truce Has Been Extended.

Treasury Secretary Scott Bessent said the trade truce between the U.S. and China has been extended for two months. (Credit: Getty Images)

Treasury Secretary Scott Bessent said the U.S. and China have extended a trade truce for two months as President Xi Jinping begins a state visit in Washington.

Bessent said that the truce, which was agreed on last October in South Korea and was set to expire in November, has been pushed to January 10.