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Business

Trump welcomes Xi Jinping as US-China trade truce extended by 2 months

Business Standard ·
Trump welcomes Xi Jinping as US-China trade truce extended by 2 months

US President Donald Trump and Chinese President Xi Jinping speak as Xi arrives ahead of a state visit at Joint Base Andrews, Maryland, US | Image: Reuters

US President Donald Trump on Wednesday (local time) said the welcome ceremony for Chinese President Xi Jinping was well received, calling the reception a "great greeting" as Xi arrived in the United States for a three-day state visit. The visit of the Chinese President comes a few days after US Treasury Secretary Scott Bessent had informed that both countries had agreed to extend their trade truce by two months, originally set to expire in November.

"That was a great greeting, and I think they appreciate it... Also, it's very nice to land on what they consider to be the most beautiful helipad ever built," Trump told reporters after returning from welcoming Xi at Joint Base Andrews.

According to Fox News, Secretary Scott Bessent announced that United States and Chinese officials agreed to extend their bilateral trade truce known as the "Busan agreement". The agreement was made in October 2025 meant to ease economic tensions between the two nations.

Trump said leaders from the technology and banking sectors, along with others, would attend the state dinner hosted for Xi Jinping.

"The entire tech world, the entire banking world, and a lot more will be in attendance at tomorrow night's state dinner for Chinese President Xi," Trump said, adding, "I wish we had more seats."

Trump made the remarks after welcoming Xi Jinping at Joint Base Andrews, where he was accompanied by First Lady Melania Trump to receive the Chinese President and First Lady Peng Liyuan.

Responding to a reporter's question on discussions with Xi regarding Iran, Trump said, "We'll see. I'll be talking about that and many other subjects, but it's also coming along well - including that."Earlier, US media had reported that Trump is set to confront Xi Jinping over China's support for Iran. According to Fox News, this comes in light of the reports connecting Chinese firms to satellite intelligence passed prior to a fatal Iranian assault on American forces. Earlier, a Wall Street Journal reported alleged Chinese satellite support to Iran.

Read the full article on Business Standard ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.business-standard.com — the content belongs to Business Standard.

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