Did Scott Bessent say the U.S. and China agreed to extend the Busan Agreement trade truce until January 10?

Yes. On September 23, 2026, U.S. Treasury Secretary Scott Bessent said on Fox News that the United States and China had agreed to extend the “Busan Agreement”—their bilateral economic détente that had been scheduled to expire on November 10—until January 10. He said the announcement followed a meeting in Washington with Chinese Vice Premier He Lifeng as President Xi Jinping arrived for a state visit, and that the two-month extension was meant to give more time for a broader economic deal or a further roll of the current terms.

Source: NBC News (quoting Bessent on Fox News’ Special Report)

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