Trade truce. China and the U.S. agreed over the weekend on a “basic consensus” to address one another’s trade concerns. At a meeting in Malaysia attended by Chinese Vice Premier He Lifeng, U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer, the sides discussed U.S. tariffs on China’s maritime, logistics and shipbuilding sectors, extension […]
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Daily Memo: Progress Toward US-China Trade Truce
The U.S. and Chinese presidents still plan to meet later this month, according to the White House.
