HIGHGeneral
Bessent announces 2-month extension of Busan trade deal with China
🌍 GlobalSep 23, 2026 15:52SRC: SOUTH CHINA MORNING POSTBY: Nayan Seth
INTELLIGENCE SUMMARY
US Treasury Secretary Scott Bessent announced on Wednesday that Washington and Beijing have agreed to extend the Busan trade agreement for just two months, as Chinese President Xi Jinping arrives in Washington for a state visit. “We have agreed today that we will extend what we call the Busan Agreement,” Bessent said in an interview with Fox News, adding the agreement will be extended until January 10. Bessent made the remarks hours after an unscheduled meeting with Chinese Vice-Premier He..
DETAILED REPORT
US Treasury Secretary Scott Bessent announced on Wednesday that Washington and Beijing have agreed to extend the Busan trade agreement for just two months, as Chinese President Xi Jinping arrives in Washington for a state visit.
“We have agreed today that we will extend what we call the Busan Agreement,” Bessent said in an interview with Fox News, adding the agreement will be extended until January 10.
Bessent made the remarks hours after an unscheduled meeting with Chinese Vice-Premier He...
AI THREAT SCORE41/100