Trump extends China trade truce to Jan 10 as Xi visits Washington

Photo: Stephen Leonardi / Pexels President Donald Trump has extended the trade ceasefire with China, as Chinese President Xi Jinping visits Washington. The extension pushes the truce’s expiration from November to January 10, allowing more time for negotiations on tariffs and technology exports. This development follows a rollback on some tariffs and restrictions agreed upon in the previous Busan truce. The meeting between Trump and Xi, along with China’s plan to invest in AI and chip technology, suggests a potential warming of relations between the two economic giants. Key Takeaways Market activity suggests that the extension of the trade ceasefire and the meeting between Trump and Xi may increase the likelihood of a longer handshake during their summit. Pricing indicates that Trump’s remarks at Xi’s state arrival could emphasize economic topics, with increased likelihood of using terms like “Economy” or “Economic.” The extension of the trade truce and high-profile meeting reflects a positive atmosphere, which is consistent with increased market confidence in prolonged engagement. What to Watch Observers will be keenly watching the duration of the Trump-Xi handshake, as it may serv...