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President Donald Trump has welcomed Chinese President Xi Jinping to Washington, praising what he called their “truly great friendship” as the two leaders opened talks focused on trade, Taiwan, Iran and artificial intelligence.
Some analysts say extending the truce is pure optics - others say it's a useful step towards a more durable deal.
US President Donald Trump welcomed Chinese President Xi Jinping to Washington on Wednesday for a three-day visit that will test relations between the superpowers as tensions simmer over trade, technology, Taiwan and Tehran. Xi’s first trip to the US in nearly three years was not expected to deliver major breakthroughs, but Washington and Beijing could extend their 11-month trade truce.
As US President Donald Trump greeted China's Xi Jinping on Wednesday, Treasury Secretary Scott Bessent announced that an agreement struck last year by the nations will run an additional two months until Jan. 10. Tyler Kendall reports on Bloomberg Television. (Source: Bloomberg)
Treasury Secretary Scott Bessent announced the US and China have sealed a two-month extension to their trade truce, as Xi Jinping landed in America for his first state visit in eleven years. Meta unveiled a palm-sized, dedicated gadget for using Muse, the company’s popular new artificial intelligence assistant, pushing deeper into the AI devices market with a surprise announcement. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)
United States Treasury Secretary Scott Bessent announced the US and China have sealed a two-month extension to their trade truce, as Xi Jinping landed in America for his first state visit in eleven years. Stephen Engle reports from Washington. (Source: Bloomberg)
The US treasury secretary said that the US and China had reached an agreement to extend a trade truce as Xi began his visit.
Chinese President Xi Jinping was greeted on the tarmac by his American counterpart Donald Trump on Wednesday – a rare gesture ahead of their summit. It is Xi’s first state visit to the United States in over a decade and the two leaders met each other at Joint Base Andrews just after 6pm, alongside their wives Melania Trump and Peng Liyuan. Here are the key takeaways. 1. Trade truce extended As Xi and Peng touched down in America, US Treasury Secretary Scott Bessent told Fox News that the two...
Trade Representative Jamieson Greer indicated China and the US remain divided on the terms of a trade truce extension. Asked if a three-to six-month extension was under discussion, Greer said “that’s probably the right kind of range” though it’s unlikely to be announced this week. He spoke on “Bloomberg Surveillance.” (Source: Bloomberg)