Sat, 26 Sept 2026
In the News

Trump greets Xi Jinping, marking an extended US‑China trade pause

UnbarNewsUpdated 24 Sept 2026· 2 min read

Xi Jinping’s arrival in Washington is paired with a Treasury‑announced extension of the bilateral trade truce, officials said.

Trump greets Xi Jinping, marking an extended US‑China trade pause

President Donald Trump opened the door for Chinese President Xi Jinping at Washington’s Joint Base Andrews, offering a cordial reception as the leader of the world’s second‑largest economy began his first state visit to the United States in seven years. Trump told reporters the meeting signaled “a new chapter of cooperation,” while Treasury Secretary Janet Yellen confirmed that Washington and Beijing had reached a deal to prolong the existing trade truce, BBC News reported.

The extension, described by Yellen as a “mutual understanding to keep tariffs at current levels for another twelve months,” builds on the 2020 Phase One agreement that halted a tariff escalation that began under the Trump administration in 2018. The Treasury statement did not disclose any new concessions, but it underscored both sides’ desire to avoid a repeat of the tariff war that once threatened global supply chains.

U.S.–China trade relations have been volatile for nearly a decade. After the 2018 imposition of tariffs on hundreds of billions of dollars of goods, both economies suffered market disruptions and a slowdown in bilateral investment. The Phase One deal in early 2020 eased some pressure, yet many tariffs remained in place and periodic disputes over technology, intellectual property and market access persisted. Extending the truce therefore offers a short‑term stabilising effect, giving businesses time to plan ahead while diplomatic channels remain open.

Xi’s visit comes at a time when Washington is navigating a complex geopolitical landscape, including concerns over Taiwan, semiconductor supply chains and climate cooperation. The itinerary includes meetings with senior officials, a joint press conference, and a private dinner with senior members of Congress. Analysts note that the warm welcome may be aimed at creating a conducive atmosphere for deeper talks on these thornier issues.

Observers caution that while the trade truce extension is a positive signal, substantive progress on broader economic and security matters will require sustained engagement. The upcoming weeks are likely to focus on whether the two powers can translate diplomatic goodwill into concrete policy outcomes, especially as both nations prepare for upcoming elections and shifting global alliances.

This report is based on original reporting by BBC News. Read the original source →

#China#United States#Trade#Diplomacy#Politics