Two months is not a grand bargain. It is a calendar patch so Thursday’s dinner has something to toast.
- The old expiry was Nov. 10. The new date is Jan. 10. Two extra months.
- Bessent told Fox News after talks with He Lifeng. “I don’t know whether a bigger deal can be done.”
- The Busan pact already got one extension in August. This is another kick.
- Xi’s embassy statement today: “China and the United States should be partners, not rivals.” It did not mention the new date.
- Still unresolved: rare earths, advanced chips, Taiwan arms, Iran.
- The Times. Trump is expected to keep a freeze on a $14 billion Taiwan arms package that Xi wants killed.
https://www.reuters.com/world/china/trump-welcomes-xi-washington-looking-trade-win-2026-09-24/
https://www.japantimes.co.jp/news/2026/09/24/world/politics/us-china-truce-xi-trump/
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