In a significant development, US Treasury Secretary Scott Bessent announced that the trade truce between the United States and China has been extended for an additional two months, now lasting until January 10. This announcement comes as Chinese President Xi Jinping arrives in Washington, where he received a rare planeside welcome from President Donald Trump. The leaders are expected to engage in high-stakes discussions aimed at building a stronger trade relationship and possibly working towards a more comprehensive agreement. The extended truce aims to facilitate continued talks amid ongoing tensions and uncertainties in trade negotiations.