The United States and China have agreed to extend a bilateral trade truce that was set to expire in November through January 10, Treasury Secretary Scott Bessent said Wednesday.The announcement came after Bessent and China’s vice premier He Lifeng held an unscheduled meeting earlier in the day in Washington.“We will extend what we call the ‘Busan Agreement’ -- the economic detente between the two countries that was scheduled to end on November 10 -- that is going to be extended until January 10,” Bessent said in an interview on FOX News Channel.“There are some deliverables that have not been perfect on the Chinese side, so we also want to see, now that we’ve sat down and told them our expectations, if over the coming months they can be more fulsome in enacting the agreement,” he said.The announcement is a big win for economic stability in both countries, and came only minutes after China’s President Xi Jinping touched down in Washington, D.C.to begin a multi-day state visit.Bessent also indicated that there could be further announcements in coming days from the Chinese delegation, including agreements to buy more American agricultural products and potential deals in the financial services sector.ShareAdd NBC News to GoogleSteve KopackSteve Kopack is a senior reporter at NBC News covering business and the economy....