First Meeting of the China-U.S. Trade Council Held

On November 13, the China-U.S. sides held the first meeting of the Trade Council under the China-U.S. economic and trade consultation mechanism via video conference. The meeting focused on implementing the important consensus reached during the China-U.S. leaders' meeting, discussing tariffs, the '300 billion for 300 billion' reciprocal tariff reduction arrangement, agricultural trade, and other topics. Both sides engaged in candid, in-depth, and constructive exchanges, expressing their intention to continue strengthening communication through the Trade Council, promoting the resolution of each other's economic and trade concerns, expanding the cooperation list, reducing the list of issues, and contributing to the establishment of a constructive strategic stable relationship between China and the U.S. based on respect, fairness, and equality.

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