US-China extend trade truce two months ahead of presidential summit

The US and China agreed to a two-month extension of their trade truce at an unscheduled meeting of top economic officials, signaling mutual intent to contain tensions ahead of this week's presidential summit. The rollover provides short-term business certainty but raises stakes for the next round of talks, with underlying rifts persisting. Analysts view the extension as a positive but limited signal, leaving the trajectory of trade relations uncertain.