US proposes extending its trade deal with China by 6 months ahead of Xi's visit, with discussions on AI dialogue and non-sensitive goods trade.
Macro & Markets ·
The US has proposed a 6-month extension of its trade deal with China ahead of a planned presidential visit, according to reporting from the New York Times. Concurrent discussions include establishing a dialogue channel focused on artificial intelligence and expanding trade in non-sensitive goods including energy and consumer products. China has indicated interest in negotiating for a longer extension period than the 6-month proposal.