The first extension was through an executive order on Jan. 20.
"I think President Xi will ultimately approve it," Trump says of a divestment deal.
Other artist signings this week: Jenna Davis, GorillaT, jackzebra and more.
At the event, held at L.A.'s Millennium Biltmore Hotel, entertainment professionals also explored the business of diversity and innovation in marketing in a series of conversations.
Borchetta is known for working with artists including Tim McGraw, Glen Campbell and Dusty Springfield at Curb Records, Capitol, Mercury and more.
Also this week: Derek “Drex” Jancar wins Billboard Canada's Impact Award, and the first-ever Canadian edition of Billboard Managers to Watch is announced.
Although 14 of the 20 stocks in the Billboard Global Music Index lost value, it declined just 0.2% as many of the companies with the biggest impact fared well.
Consumers are increasingly favoring experiences like concerts over material items, but they’re willing to pay more to make those experiences more pleasant or special.
"Supporting creators’ well-being is essential to sustaining a vibrant music ecosystem," explains Spotify's Head of Social Impact Lauren Siegal Wurgaft.
The dance duo will be the first client of Animal Talk management, which is being headed by Bella Tamis and Palm Tree Crew Management's Myles Shear and Mike Hoerner.