Friday, 25 September 2026

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Trump and Xi Extend Tariff Truce After Summit in Washington

The summit between Trump and Xi in Washington ends without major agreements, but with a tariff truce extended until January.

Álvaro Sáez Ferrer
Álvaro Sáez Ferrer
· 2 min read

The summit between Donald Trump and Xi Jinping in Washington concludes without major agreements but with the extension of the tariff truce. Both leaders gain two months to negotiate a more stable trade framework.

The recent summit between Donald Trump and Xi Jinping in Washington wraps up without significant agreements, according to expansion.com. Despite the grand ceremonial display, the biggest achievement has been the extension of the tariff truce, which now lasts until January 10.

Trump and Xi agreed to an additional two months to work on their trade relationship, which has been strained in recent years. In this regard, Trump commented: "Our teams have worked to foster a more balanced trade relationship," although no specific details about progress were outlined.

In the area of technology, the United States offered China to collaborate on a common alert system for Artificial Intelligence. However, no timelines or details for its implementation were defined. Trump, who has promoted the technological race between both nations, expressed his satisfaction regarding this, mentioning that Xi "seemed to like" the idea of renaming AI as 'Superintelligence'.

The meeting also included a State Dinner at the White House, where the same sparkling wine used during the historic visit of Zhou Enlai in 1972 was served. This event marked Xi's first visit to the United States in over a decade, being received with unusual honors.

Finally, two upcoming meetings were announced: one at the Asia-Pacific Economic Cooperation Forum in Shenzen in November and another at the G20 summit in Miami in December. Both leaders seek to maintain dialogue despite the lack of concrete commitments.

Álvaro Sáez Ferrer

Written by

Álvaro Sáez Ferrer

Redactor

Economista por ICADE y una de las pocas personas que disfruta leyendo la ley de presupuestos. Cafetero, padre a tiempo completo y azote de la letra pequeña; en Iber Empresa escribe de economía y fiscalidad.