US, China Trade Truce Extension Talks Fail

TASS · world

The United States and China have failed to reach an agreement on extending their trade truce, according to the Financial Times. Disagreements primarily center on the duration of the extension, with the US seeking six months and China proposing an extension until the end of Donald Trump's presidential term. A key point of contention also involves China's fulfillment of rare earth supply commitments. Despite the impasse, both sides reportedly wish to maintain trade stability.