A rapid military advance down Yemen's Red Sea coast has put the spotlight on the Iran-backed group, amid growing concerns about the global energy market.
The deal, which was set to expire in November, will now be extended to Jan. 10, Bessent said, noting the need for Beijing to fulfill more deliverables.
Persistent growth of Chinese exports to the U.S. is helping the world's second-largest economy ride out ongoing domestic challenges.
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