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Ongoing3 earlier updates3 days

This story has run 4 times over 3 days, starting Sep 21.

  1. UpdateU.S. and China open New York talks on trade, AI and critical minerals
  2. US proposes an AI incident hotline with China; next talks set for Shenzhen in November
  3. UpdateTreasury Secretary Scott Bessent pitched China an emergency AI hotline before summit talks
  4. UpdateBessent says U.S. and China agreed to extend trade truce from Nov. 10 to Jan. 10 — this issue
THE GUARDIANUpdate

Bessent says U.S. and China agreed to extend trade truce from Nov. 10 to Jan. 10

Political Guyentist · September 24, 20262 min read

THE GUARDIAN

Trump personally greeted Xi Jinping at Joint Base Andrews on Sept. 23, 2026, for the Chinese president’s first U.S. state visit since September 2015.

Treasury Secretary Scott Bessent said Wednesday, Sept. 23, that the United States and China agreed to extend their trade truce from Nov. 10, 2026, to Jan. 10, 2027. The deal, reached in South Korea in 2025, temporarily limits tariffs (taxes on imports) between the countries. AFP reporting.

What next. Trump and Xi have private talks and a state dinner scheduled for Thursday, Sept. 24. Trade, artificial intelligence, Taiwan, Iran and political prisoners are on the agenda. The arrival ceremony itself produced no agreement between the leaders. White House schedule.

Catch upwhat happened before · 3 earlier issues
  • Aug. 18 — The United Arab Emirates halted trade and financial transactions with Iran after alleging an Iranian missile incident; Tehran denied firing the missiles.
  • Aug. 24–26 — Washington imposed sanctions (economic penalties) on nearly 60 Iranian targets during this period and threatened Iran’s trading partners with penalties; China rejected the threat.
  • Aug. 31 — Bessent promised weekly penalties against foreign firms doing business with Iran.
  • Sept. 21 — U.S. and Chinese officials opened New York talks on trade, artificial intelligence and critical minerals before Xi’s Washington visit.
  • Sept. 23 — A proposed emergency communication channel for artificial intelligence incidents emerged as a possible agreement between the leaders.

What we’re less sure of5 of 8 claims