Reuters reported that China described the two-month extension as time for both sides to assess implementation of their agreement and decide how to advance talks. A new trade council is expected to discuss reciprocal tariff reductions covering $30 billion of products, while an agriculture group is due to meet before year-end on market access and regulation.
The broader package includes planned Chinese coal imports from the United States in 2027 and 2028, a communication channel for artificial-intelligence incidents, consideration of approvals for US-backed financial firms, and continued talks about increasing direct flights.
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