In a move to calm market nerves, a video call between the Chinese mainland’s Vice Premier He Lifeng and U.S. Treasury Secretary Scott Bessent, joined by U.S. Trade Representative Maria Greer, took place today. Both sides described the chat as “frank, in-depth, and constructive,” and they agreed to a new round of economic and trade consultations soon, possibly in Malaysia as early as next week 🤝🌏.
This dialogue comes amid strained relations. Washington’s talk of 100% tariffs on all Chinese imports sent shockwaves through global supply chains. Although the U.S. later deemed the proposal “not sustainable” and stepped back, the episode highlighted how politics can rattle markets.
Meanwhile, China’s updated export control regime for rare earths and critical minerals sparked some worry. But it isn’t a ban—licenses are still granted for approved uses, aligning with international norms and responsible trade practices.
- Frank video chat on economics ✨
- Next talks in Malaysia next week 🇲🇾
- 100% tariff threat dropped, easing tensions
- Rare earths controls keep licenses alive
In a world that feels more unpredictable by the day, keeping lines open between the Chinese mainland and the U.S. helps steady the global ship. Stay tuned for updates from Malaysia—this is one dialogue worth watching! 👀💬
Reference(s):
cgtn.com
