U.S. and China extend trade truce to Jan 10, Treasury's Bessent says

JD Vance, Usha Vance, Ivanka Trump, Marco Rubio, Scott Bessent, Pete Hegseth, Howard Lutnick, Susie Wiles, Jamieson Greer, and Amb. Perdue lined up outside the Oval Office with the Chinese delegation facing the Rose Garden ..followed by another flyover by B-1 bombers.

My latest… Moscow is “grateful” as Trump invites wanted war criminal Putin to the G20. This comes just weeks after Treasury Secretary Scott Bessent invited Russia’s sanctioned finance minister to North Carolina for the G20 finance meeting.

Trump and Xi agreed to extend a trade truce until Jan 10 2027, Bloomberg reports.

BREAKING: US and China agree to extend a trade truce into January, Treasury Secretary said

You know how petulant peewee piffleswipe Pierre Poilievre and the 🍁MAGA proto-fascists of his Conservative Party keep yapping about Prime Minister Carney warming up relations with China? Well, 🇺🇸Nazi Trump has just cut the earth from under their feet: www.theguardian.com/us-news/2026...

China controls 91% of rare earth mineral processing worldwide. The U.S.-China summit will need to address a trade war truce that expires in 7 weeks. theconversation.com/how-the-us-g...

China owns Trump's fat ass. I suspect they have all the dirt, and what a gift Trump has been. China has new trade deals with everyone except the US.

Treasury Secretary Scott Bessent failed to disclose at least $100,000 of his husband’s JPMorgan stock last year, triggering a review of his family’s finances by the Treasury’s Office of Inspector General, according to a filing with the Office of Government Ethics www.nytimes.com/2026/09/23/b...

US yields spike on strong PMI data, Fed funds now pricing 70% chance of October hike; stalemate in the Gulf; US & China kick the can until Jan re continuing trade truce: Asia equities ↘️ US and Europe equity futures ↘️ Oil small ↗️ Precious Metals ➡️ Bond Yields ⬆️ (led by US on strong PMI data) FX $ ↗️

This piece from @jessicacweiss.bsky.social makes the apt point that China and the U.S. have to learn to live with each other. Last year taught us of the potential risks of unconstrained trade wars. Even as the U.S. pursues derisking, decoupling would be a dangerous fantasy.

Trump ONCE AGAIN, is kowtowing to the Chinese leaders, and MOST LIKELY will walk away having given THEM everything, and US not getting a DAMN THING! thedingodave.substack.com/p/trump-and-...

I hope someone asks Bessent about this quote, the bond market has basically been on fire ever since: "Whenever people say, 'Oh, well, the Treasury secretary is taking a risk,' well, it's my dream. I have asymmetric information. I am the house now." finance.yahoo.com/markets/curr...

US v China – how a superpower trade battle is reshaping Europe

While the welcome was still underway, Treasury Secretary Scott Bessent announced that the United States and China had agreed to extend their trade truce by two months,

On Trump's watch, China has become the world's economic superpower. And the Republicans in Congress sat looking at their bellybuttons while it happened. Given the weapons Trump and Hegseth have wasted on Iran, one has to wonder if the U.S. could even prevent an invasion of Taiwan. Thanks MAGA.