Washington has put forward a six-month renewal of its trade agreement with Beijing before Chinese President Xi Jinping travels to the United States from September 23 to 25, according to The New York Times. Still, the duration remains unresolved with China reportedly seeking a longer extension.
For the US, the length of any renewal is tied to concerns about Chinese restrictions on rare earth exports. US Trade Representative Jamieson Greer to Bloomberg on Monday that Washington was tracking those measures and preferred shorter extensions that would allow it to check compliance. He cautioned against assuming that either country could already place complete confidence in the other.
Greer described a renewal lasting between three and six months as an option Washington could accept. His comments underscored the remaining differences over how long to prolong the tariff pause, which expires on November 10.
The discussions also cover issues beyond the agreement’s duration. Officials are considering a channel for talks on artificial intelligence, alongside efforts to encourage commerce in products considered non-sensitive. Energy and consumer goods are among the areas being discussed.
