- Xi Jinping and Donald Trump held talks on May 28, 2026, discussing bilateral ties, trade, and strategic stability.
- Donald Trump was involved in business dealings with China's President Xi Jinping on May 27, 2026.
- A body involving the Board of Trade and Board of Investment was established on May 26, 2026, to manage dialogue between two economies and reduce the trade deficit with China.
- A meeting was held on July 1, 2026, involving the US-China Board of Trade and Board of Investment to establish strategic stability and handle future trade issues.
U.S.-China Talks Focus on Trade Commitments, Critical Minerals, and AI IP
What happened
On July 30, U.S. Treasury Secretary Scott Bessent discussed commitments made by China during a call with Chinese Vice Premier He Lifeng. U.S. Trade Representative Jamieson Greer was also involved in the talks. China agreed to resume purchases of U.S. agricultural products, curb the flow of fentanyl precursors, and roll back a stringent export control on rare earth elements and several critical minerals.
From theepochtimes.com
Why it matters
The discussions were part of an effort to establish a more balanced and constructive U.S.-China economic relationship. The commitments regarding critical minerals and trade flows are significant for global supply chains and market access.
A body involving the U.S. Trade Representative and the Vice Premier was established on May 26, 2026, to manage dialogue between the two economies and reduce the trade deficit with China.
From theepochtimes.com
Who's involved
- ChinaChina (nation) — The commitments regarding critical minerals and trade flows were made by Chinese officials.
How it developed
Newest first. Tap a step to see who reported it.- U.S. and China are currently engaged in negotiations regarding trade agreements, with Greer discussing the talks.Sub-event
- Trade chief Greer expressed optimism regarding the stability of US-China economic relations.Sub-event
- Xi Jinping is scheduled to meet in Beijing as Beijing and Washington spar over trade, while Bessent and Greer meet with Chinese officials.Sub-event
Ongoing talks between the US and China via trade boards focus on economic commitments and AI IP concerns.1 source
Keep exploring
The entities involved
-
Beijing
capital city of China
-
Chinese Communist Party
founding and ruling party of the People's Republic of China
Related events
- US-China trade relations are affecting markets, with a Busan trade truce extension and high-level meetings involving Trump and Xi.
- The Treasury Department is investigating alleged Chinese Communist Party influence in US manufacturing projects.
- Trump held trade discussions with China while ICG analyzed the US-China dynamic, and he mocked Macron.
- US-China talks are underway, with the current focus being on trade issues between the US and China.
- Trump visited Beijing to discuss energy deals, leading CNOOC to consider US investments amid ongoing trade war tariffs.