US and China Agree to Extend Trade Truce Until January 10

The United States and China have agreed to prolong their bilateral trade truce through January 10, according to FX Street. This extension aims to maintain the ongoing dialogue and reduce trade tensions between the two economic giants.

US Treasury Secretary Scott Bessent confirmed the extension, emphasizing the importance of continued cooperation during this critical period. The original truce was set to expire in November but has now been extended into the new year.

For Japanese investors and markets, this development offers a degree of stability in US-China trade relations, which can influence currency movements and equity market sentiment across the region.