Xi says US, China reach new trade arrangement during summit with Trump: report

WASHINGTON —Chinese President Xi Jinping said Thursday the United States and China reached a new trade arrangement, according to a report, as he and U.S. President Donald Trump held a summit in Washington to discuss artificial intelligence (AI), trade, security and other key issues. Xinhua News Agency reported that Xi made the remarks during the White House summit, calling the arrangement "good news for industries and people of both countries, as well as the global economy," while noting that a stable economic relationship requires "expanding the list of cooperation and shortening the list of problems." It did not elaborate on the arrangement, but U.S. Treasury Secretary Scott Bessent has told Fox News that Washington and Beijing agreed to extend their trade truce by two months until Jan. 10. During the summit, Trump and Xi also exchanged views on the Korean Peninsula, the situation in the Middle East and the war between Russia and Ukraine, according to the news outlet. Ahead of the summit, Trump and Xi were expected to touch on North Korea-related issues, as Trump hopes to have a meet