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Source: The Fiscal Times
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The U.S. and China have extended their trade truce until January 10, maintaining lower tariffs and continued flow of rare earths. Chinese President Xi Jinping arrived in Washington for a state visit, with the leaders expected to discuss trade relations, though the extension suggests ongoing tensions. The truce, initially agreed upon last October, was set to expire in November but will now be extended as China faces demands to fulfill additional commitments.
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