US and Chinese negotiators ended about eight hours of talks in New York on Sunday without agreement on extending the trade truce that expires on November 10, according to the Financial Times, which cites US sources; the central dispute is the length — Washington proposes six months and Beijing wants the extension to cover the rest of Donald Trump’s term.

The paper also says US officials believe China is meeting about two-thirds of its rare-earth supply commitments. In public, Treasury Secretary Scott Bessent called the meeting “very successful”, said the two sides will discuss a channel for artificial intelligence (AI) concerns and that Washington proposed a notification mechanism for incidents; Trade Representative Jamieson Greer said the Board of Trade is operational and that teams are still defining a list of non-sensitive goods. China’s Xinhua agency described the talks as “candid, in-depth and constructive”. The meeting sets up Xi Jinping’s state visit to Washington on Thursday.