PREVIEW

US and China Extend Trade Truce as Trump Welcomes Xi to Washington. President Donald Trump welcomed Chinese President Xi Jinping to Washington as the two leaders seek to stabilize relations. Treasury Secretary Scott Bessent said the countries agreed to extend their 11-month trade truce until January. The agreement could ease tensions following a tariff war that imposed extremely high duties on bilateral trade. However, major disagreements remain over Taiwan, technology exports, rare-earth minerals, Iran, and other strategic issues. Trump and Xi are expected to discuss lower tariffs, drug trafficking cooperation, military communication, and detained Americans. The leaders could also expand cooperation on artificial intelligence despite intense competition between their technology industries. Xi's visit is his first to the United States in nearly three years, highlighting the summit's significance. Both sides are expected to present separate announcements after Thursday's talks rather than holding a joint press conference.
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