China and the United States have held what has been described as candid, in-depth, and constructive talks on key economic and trade issues, signaling renewed efforts to stabilize bilateral relations amid ongoing tensions over tariffs and market access.
The discussions, held over two days, focused on areas of mutual concern, including tariff arrangements, the expansion of bilateral trade and investment, and sustaining existing consultation frameworks. Both sides reported progress, reaching new points of consensus while agreeing to continue engagement.
The talks were conducted under the strategic guidance of understandings reached between President’s Xi Jinping and Donald Trump, with officials noting that previous rounds of consultations had already produced outcomes that contributed to greater predictability in China-U.S. economic relations and the broader global economy.
“These outcomes have injected greater certainty and stability into bilateral economic and trade relations as well as the global economy,” said Chinese Vice Premier He Lifeng
Recently, the U.S. Supreme Court ruled that the tariffs imposed by the U.S. government under the International Emergency Economic Powers Act were unlawful, said He, noting that subsequently, the U.S. side levied an additional 10 percent import surcharge on all trading partners under Section 122 of the Trade Act of 1974, and successively introduced a series of negative measures concerning China, including the Section 301 investigations, corporate sanctions and market access restrictions.
China has consistently opposed the unilateral tariffs imposed by the United States, He said, urging Washington to completely remove such tariffs and other restrictive measures.
China will take necessary steps to firmly safeguard its legitimate rights and interests, He added.
China expects the United States to move in the same direction, follow through on the important consensus reached by the two heads of state, expand areas of cooperation and reduce problems, so as to promote the healthy, stable and sustainable development of China-U.S. economic and trade relations, He said.
The U.S. side said that a stable China-U.S. economic and trade relationship is of great importance to both countries and the world, and helps promote global economic growth, supply chain security and financial stability. Both sides should reduce frictions, avoid escalation of the situation, and resolve differences through consultation.
The two sides agreed to study the establishment of a cooperation mechanism to promote bilateral trade and investment, continue to make good use of the China-U.S. economic and trade consultation mechanism, strengthen dialogue and communication, properly manage differences, expand practical cooperation, and promote the sustained, stable and sound development of bilateral economic and trade relations.
