- 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.
- Trade and investment boards are underway to discuss U.S.-China economic relations, with China agreeing to roll back export controls on critical minerals.
U.S. and China Reach Subset Trade Agreement in Ongoing Negotiations
- Reports
- 2
- Developments
- 2
- Repetition
- 0%
New informationRepeats or wire copies
What happened
United States Trade Representative Jamieson Greer announced that the U.S. and China reached agreements covering a subset of goods for more favorable trade terms. These goods include U.S. agricultural products, medical devices, and non-sensitive Chinese consumer goods. Greer stated that these agreements establish a "managed trade situation".
From cnbc.com, azernews.az
Why it matters
The agreements aim to carve out areas of trade that could remain insulated from future tariff measures or broader trade disputes. Negotiations are managed through a new "Board of Trade" mechanism, which is focused on pure trade issues rather than national security restrictions.
Trade and investment boards are underway to discuss U.S.-China economic relations, with China having previously agreed to roll back export controls on critical minerals.
From cnbc.com
Who's involved
- Jamieson GreerUnited States Trade Representative leading trade negotiations with China.
- ChinaNegotiating partner in trade talks with the United States.
- White HouseThe administration overseeing the trade negotiations.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- ChinaSpeculative
Might see increased demand for U.S. agricultural products and medical devices due to the agreements.
How this reaches others
Each traced step by step, with the reporting behind itHow it developed
Newest first. Tap a step to see who reported it.Current talks between the U.S. and China are underway to negotiate new trade agreements.1 source
Greer announced a subset agreement reached between the US and China in trade talks.1 source
Keep exploring
Part of
Trade and investment boards are underway to discuss U.S.-China economic relations, with China agreeing to roll back export controls on critical minerals.Also in this story
All 3 developmentsWithin Donald Trump was involved in business dealings with China's President Xi Jinping on May 27, 2026.
The entities involved
- White House
-
Beijing
capital city of China
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Jamieson Greer
United States Trade Representative since 2025
Related events
- Tô Lâm met with US trade representative Jamieson Greer on May 6, 2026, to advance bilateral trade relations.
- US-China trade relations are affecting markets, with a Busan trade truce extension and high-level meetings involving Trump and Xi.
- Trump and Greer caused a trade war with Canada, with Greer finalizing deal details and Rollins addressing import talks.
- Trade talks signal progress on a U.S. trade deal involving Jamieson Greer, Dominic LeBlanc, Mark Carney, and Donald Trump.
- Trump announced tariffs on Canadian products amid ongoing trade disputes between the US and Canada.