Geopolitics Alpha

US, China to extend trade war truce by 2 months

Published . Updated .

The pact reached last year to lower tariffs and suspend other trade actions will stay in effect until Jan. 10, Treasury Secretary Scott Bessent told Fox News.

Directly affected

  • No company is named in this report.

Indirectly affected

  • LMT Lockheed Martin

    Defense contractors get more work when conflict spending rises

  • RTX RTX

    Defense contractors get more work when conflict spending rises

  • NOC Northrop Grumman

    Defense contractors get more work when conflict spending rises

  • GD General Dynamics

    Defense contractors get more work when conflict spending rises

  • XLE Energy Select Sector SPDR

    Energy prices move when sanctioned supply is blocked

  • USO United States Oil Fund

    This fund moves with oil prices

  • AAPL Apple

    Sales and supply chains are exposed to a new tariff

  • NKE Nike

    Sales and supply chains are exposed to a new tariff

  • ITA iShares U.S. Aerospace & Defense

    A fund of aerospace and defense companies

  • BA Boeing

    Defense and aerospace orders move with conflict spending

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
LMT———————
RTX———————
NOC———————
GD———————
XLE———————
USO———————
AAPL———————
NKE———————
ITA———————
BA———————

The pact reached last year to lower tariffs and suspend other trade actions will stay in effect until Jan. 10, Treasury Secretary Scott Bessent told Fox News.

Source: Supply Chain Dive

The price since 24 Sep 2026: Ishares China Large-Cap Etf (FXI) versus the S&P 500

Since the first closing price after “US, China to extend trade war truce by 2 months,” Ishares China Large-Cap Etf (FXI) is -1.25%. The S&P 500 fund (SPY) is -0.62% over the same days, a -0.64% difference versus the market.

FXI
SPY

Who gains and who loses around Ishares China Large-Cap Etf (FXI)

Companies carried with this story

  • FXI Ishares China Large-Cap Etf

    For “US, China to extend trade war truce by 2 months,” Ishares China Large-Cap Etf (FXI) is linked, with no stored direction, medium confidence. Reason on file: GA selected FXI as a RELATED security because its canonical security name directly matches this event's themes: china. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • KWEB Kraneshares Csi China Internet Etf

    Kraneshares Csi China Internet Etf (KWEB) is linked, with no stored direction, medium confidence in the 24 Sep 2026 story “US, China to extend trade war truce by 2 months.” Reason on file: GA selected KWEB as a RELATED security because its canonical security name directly matches this event's themes: china. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • YANG Direxion Daily Ftse China Bear 3X Etf

    In “US, China to extend trade war truce by 2 months,” Direxion Daily Ftse China Bear 3X Etf (YANG) is linked, with no stored direction, medium confidence. Reason on file: GA selected YANG as a RELATED security because its canonical security name directly matches this event's themes: china. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • CGOV Corgi Etf Tr I 0-3 Month T-Bil

    For “US, China to extend trade war truce by 2 months,” Corgi Etf Tr I 0-3 Month T-Bil (CGOV) is linked, with no stored direction, medium confidence. Reason on file: GA selected CGOV as a RELATED security because its canonical security name directly matches this event's themes: months. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • MCHI Ishares Msci China Etf

    In “US, China to extend trade war truce by 2 months,” Ishares Msci China Etf (MCHI) is linked, with no stored direction, medium confidence. Reason on file: GA selected MCHI as a RELATED security because its canonical security name directly matches this event's themes: china. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • OBIL Us Treasury 12 Month Bill Etf

    Us Treasury 12 Month Bill Etf (OBIL) is linked, with no stored direction, medium confidence in the 24 Sep 2026 story “US, China to extend trade war truce by 2 months.” Reason on file: GA selected OBIL as a RELATED security because its canonical security name directly matches this event's themes: months. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

How “US, China to extend trade war truce by 2 months” reaches Ishares China Large-Cap Etf (FXI)

The 24 Sep 2026 story “US, China to extend trade war truce by 2 months” names Ishares China Large-Cap Etf (FXI) because of this story.

Ishares China Large-Cap Etf (FXI) is on the page because GA selected FXI as a RELATED security because its canonical security name directly matches this event's themes: china. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Kraneshares Csi China Internet Etf (KWEB) is here too. Its reason reads: GA selected KWEB as a RELATED security because its canonical security name directly matches this event's themes: china. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Price levels for Ishares China Large-Cap Etf (FXI)

FXI traded between 33.08 and 35.28 across 20 sessions. The latest close on file is 33.55. KWEB traded between 23.79 and 25.62 across 20 sessions. The latest close on file is 24.27. YANG traded between 28.71 and 34.71 across 20 sessions. The latest close on file is 33.31.

A simple score for Ishares China Large-Cap Etf (FXI)

46 out of 100

“US, China to extend trade war truce by 2 months” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.