NewsDialy
A trade war truce between the United States and China is approaching its one-year expiry, and both governments are sending their most senior economic officials to New York to talk before the deadline arrives.
A truce, in trade diplomacy, is a time-limited agreement by both sides to stop adding new tariffs or trade penalties while negotiations proceed.
US Treasury Secretary Bessent and Chinese Vice-Premier He Lifeng are scheduled to meet in the city ahead of a planned summit between President Trump and President Xi. The timing of the meeting is the central fact.
Truces in trade disputes are not indefinite.
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