Hey everyone, exciting news from Geneva! The two-day high-level trade meeting between China and the U.S. has wrapped up, bringing fresh momentum to economic ties.
Chinese Vice Premier He Lifeng met with U.S. officials, including Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer, in sessions full of candid, in-depth discussions. They focused on implementing the key consensus reached during a January 17 phone call between the two heads-of-state, and a series of significant agreements emerged. 🤝
A major takeaway is the agreement to establish an economic and trade consultation mechanism, ensuring both sides can keep the dialogue open on their economic and trade concerns. This marks the first round of talks since heavy tariffs were imposed on Chinese goods, paving the way for a renewed process of engagement.
While challenges remain, today's progress offers a promising step toward more predictable and balanced economic relations. Stay tuned as we follow more developments from this dynamic exchange between two global powerhouses!
Reference(s):
Key takeaways from China-U.S. high-level economic and trade meeting
cgtn.com
