The United States and China agree to extend their trade truce, which was previously set to expire in November, through January 10, U.S. Treasury Secretary Scott Bessent says. The extension gives both sides additional time while negotiations continue.

Several outlets report that the decision follows high-level discussions between Bessent and Chinese officials. Free Malaysia Today and CNBC describe marathon or ongoing talks involving Bessent and Chinese vice-premier He Lifeng. CNBC also links the timing to Chinese President Xi Jinping’s state visit, saying the agreement reflects the need for Beijing to meet further deliverables.

Business Insider and The New York Times similarly frame the extension as a continuation of the truce to allow more progress toward a broader trade agreement. Across sources, the key common point is the same end date—January 10—while the emphasis varies between the negotiation process, the need for additional deliverables, and the broader diplomatic context.