Trump and Xi close Washington summit with extended trade truce

Trump and Xi concluded a three-day Washington summit, extending the US-China trade truce with tariff cuts, an AI dialogue, and a security hotline.

• Trump and Xi concluded a three-day summit in Washington, extending the US-China trade truce from the Busan agreement until January 10, 2027.

• Both sides activated a Trade Council to implement tariff cuts on $30 billion of non-sensitive goods per side.

• Washington and Beijing agreed to launch an AI dialogue and establish a hotline for reporting AI-related emergencies affecting national security.

• The White House said Beijing committed to importing at least 10 million tons of American coal annually in 2027-2028, a pledge absent from China's official readout.