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2026-09-16T05:38:22.219Z

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Washington and Beijing near ceasefire extension

Washington and Beijing near ceasefire extension

The chances of extending the trade truce between the United States and China are increasing, as both sides discuss lowering tariffs on goods including energy products and American agricultural exports, ahead of a summit between President Trump and President Xi in Washington on September 24. The negotiations are expected to include a plan to reduce tariffs on goods valued at around $30 billion, which would promote economic stability and reduce global tensions related to the Iran and Ukraine conflicts. Additionally, both sides are seeking to secure U.S. dominance in artificial intelligence amid challenges from China and Russia. Despite these obstacles, the actions suggest continued progress in the trade relationship between the two countries.

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