Breaking
US Proposes Six-Month Extension of Trade Truce With China; Beijing Seeks Longer Renewal
Summary
- The US is said to have proposed extending its trade truce with China by six months.
- China was reported to have sought a longer extension of the trade truce than the US proposal.
- The current US-China trade truce is set to expire on Nov. 10, and the two countries are discussing an extension.
The US has proposed extending its trade truce with China by six months, while China has asked for a longer extension.
Walter Bloomberg, citing the New York Times on September 21, reported that the US had presented China with a proposal to extend the current US-China trade truce by an additional six months.
China is seeking to keep the trade truce in place for longer than the US proposal. The current US-China trade truce is set to expire on Nov. 10, and the two sides are discussing whether to extend it.
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