Extending the U.S.-China tariff truce is preferable to resuming their trade war

Exchange of goods, services, and capital across international borders governed by agreements and institutions.

U.S. Treasury Secretary Scott Bessent announced that Washington and Beijing had agreed to extend their tariff truce from 10 November 2026 until 10 January 2027. China had not publicly confirmed the extension when it was announced, while disputes over technology, rare-earth exports and agricultural trade remained unresolved.