Reporting dated 21 September 2026 (published 22 September by The Edge Malaysia from Bloomberg) quotes USTR Jamieson Greer on the November 10 expiration of the current US-China tariff ceasefire. Greer said both sides still want an extension, but "our sense is we aren't going to have the extension today," and that discussions will continue before the deadline.
Asked about a three- to six-month extension, Greer called that "probably the right kind of range," while signaling it is unlikely to be announced during this week's Trump-Xi summit window. He argued Washington prefers incremental extensions because Chinese rare-earth export limits still create compliance uncertainty, saying full mutual trust would be "a little naive" at this point.
The comments followed several hours of Sunday talks in New York between Greer, Treasury Secretary Scott Bessent, and Chinese counterparts covering AI, trade, and Iran-war fallout as scene-setters for the 24 September leaders meeting. For importers, the operational cue is calendar risk into early November, not an expectation of a permanent rate reset this week.