China Says US Trade Truce Extends Talks

China stated that extending the US trade truce through January provides stable conditions to advance economic discussions. Both nations plan to discuss tariff cuts and new agricultural cooperation following a recent presidential summit.

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Workers stack empty shipping containers for storage at Wando Welch Terminal operated by the South Carolina Ports Authority in Mount Pleasant, South Carolina, U.S. May 10, 2018. Picture taken May 10, 2018. REUTERS/Randall Hill

China extended its trade truce with the United States by two months through January 10, creating room for both nations to evaluate implementation of their economic arrangements. The extension follows a presidential summit hosted in Washington last week. Both sides aim to maintain stable bilateral economic relations through reciprocal tariff cuts.

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