The United States and China are poised to extend the trade truce they negotiated in South Korea by up to a year when President Donald Trump and President Xi Jinping are expected to meet in Beijing in early April, according to several people familiar with the discussions. The uneasy truce, struck last October after a bilateral meeting between the two leaders in Busan, rolled back tariffs and export controls after months of spiralling tensions marked by triple-digit “retaliatory” levies and…
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