GoKawiilXi Jinping arrives in Washington for Trump summit as Treasury yields climb
Chinese President Xi Jinping landed at Joint Base Andrews and was greeted by President Trump ahead of a summit covering trade, AI and the Iran war, followed by a state dinner. Treasury Secretary Scott Bessent said the U.S. and China agreed to extend their trade truce to January 10, while a Chinese Commerce Ministry spokesperson said the two sides discussed lowering tariffs. Separately, Treasury yields hit multiyear highs and U.S. stock futures fell after a down session on Wall Street.