By AZE.US
The United States and China extended their trade truce through Jan. 10, 2027, following a meeting between Donald Trump and Xi Jinping, but they did not reach a permanent agreement on tariffs, technology restrictions or rare-earth supplies.
The arrangement gives Washington and Beijing another two months to negotiate while leaving businesses and global markets facing continued uncertainty, according to Vesti Baku.
Major Disputes Deferred
U.S. Treasury Secretary Scott Bessent said the extension would allow the economic dialogue to continue. The hardest issues — U.S. and Chinese tariffs, agricultural purchases, rare-earth shipments and technology controls — were deferred to the next round.
According to the U.S. side, China met a commitment to buy 25 million metric tons of soybeans but remained $17 billion behind its target for other agricultural products. Washington also considers Chinese rare-earth deliveries insufficient.
The leaders could meet again before the new deadline at international summits in Shenzhen and Miami.
Taiwan and the Risk of Confrontation
Xi urged the United States to exercise caution over Taiwan and, according to the Chinese account, to oppose the island’s independence. There was no reported immediate change in Washington’s established formulation that it does not support Taiwanese independence.
Xi also proposed strengthening military dialogue and crisis-prevention mechanisms, saying strategic competition between the world’s two largest economies should not turn into armed conflict.
The meeting’s outcome was reported by Reuters and Interfax.
AZE.US