TOH edition: Thursday, 24 September 2026 · Economy
What if the World's Biggest Trade War Kept Cooling Instead of Boiling Over? Washington and Beijing Just Extended Their Truce to January
Reported by Reuters
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After two meetings in four days with Chinese Vice Premier He Lifeng, US Treasury Secretary Scott Bessent said on 23 September that the US and China had agreed to extend their trade truce by two months, from 10 November to 10 January, to keep working on a bigger deal. The announcement came as President Xi Jinping arrived for his first US state visit in 11 years.
Tariff deadlines move prices for households and businesses worldwide; a two-month extension keeps the truce intact through the coming leader summits.
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