1 hr ago
Trump welcomes Xi as US, China extend trade truce
Xi Jinping came to the United States to meet Donald Trump.
Trump and Melania Trump welcomed Xi and his wife, Peng Liyuan, at the airport.
The visit will last three days.
The leaders will talk about trade and other parts of the relationship between their countries.
The United States and China agreed to keep a pause in their tariff fight until January 10.
This gives both sides more time to negotiate a larger agreement.
They may also discuss computer chips, artificial intelligence and critical minerals.
Trump is expected to ask China about chemicals used to make fentanyl and Americans held in Chinese prisons.
Donald Trump and Melania Trump personally welcomed Xi Jinping and Peng Liyuan at Joint Base Andrews.
Xi Jinping arrived in the United States for a three-day visit and a second summit with Trump in less than six months.
Washington and Beijing agreed to extend their tariff truce until January 10, beyond its scheduled November 10 expiration.
Trade talks are expected to cover tariffs, technology, critical minerals, chip export licences and artificial intelligence.
Trump is expected to raise fentanyl precursor chemicals and Americans held in Chinese prisons with Xi.
- Who
- Chinese President Xi Jinping, US President Donald Trump, Melania Trump and Peng Liyuan are involved, with senior negotiators Scott Bessent and He Lifeng also holding trade talks.
- What
- Xi began a three-day US visit while the United States and China extended their tariff truce until January 10.
- Where
- Xi arrived at Joint Base Andrews in the United States; related negotiations were held in New York and Washington.
- When
- Xi arrived on Wednesday evening; the truce had been scheduled to expire on November 10.
- Why
- The visit and truce extension are intended to support talks on trade and the broader US-China relationship.
Key facts
- Visit length
- Three days
- Arrival
- Wednesday evening, local time
- Location
- Joint Base Andrews
- Trade truce extension
- Until January 10
- Original expiration
- November 10
- Potential tariff cuts
- About $30 billion in non-sensitive goods
- Main discussion areas
- Trade, technology, critical minerals, chips and artificial intelligence
Quotes
Scott Bessent
US Treasury Secretary involved in negotiations with China
“We have agreed today that we will extend what we call the Busan agreement, the economic detente between the two countries that was scheduled to end on November 10th.”
financialexpress.com
“That is going to be extended until January 10th to give us more time to see what we can do on the economic front.”
financialexpress.com
Sources
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