Beyond the Breaking News

Beijing to work with Washington on reducing US-China trade levies

China-US Relations News

Beijing to work with Washington on reducing US-China trade levies
Economy And TradeTrade And TariffsChina

Beijing will work with Washington on reducing levies affecting tens of billions of dollars in goods, following the recent trade summit between US President Donald Trump and Chinese President Xi Jinping.

Beijing will work with Washington on reducing levies affecting tens of billions of dollars in goods, Beijing will work with Washington on reducing levies affecting tens of billions of dollars in goods, following the recent trade summit between US President Donald Trump and Chinese President Xi Jinping .

A trade council has been set up under the auspices of which both sides agreed in principle to discuss a framework arrangement for reciprocal tariff reductions on products of equivalent scale. China hopes the US side will honour its commitment made during the recent round of negotiations and call for an extension to the trade truce agreements reached last year. China will purchase 200 aircraft from US aerospace giant Boeing.

Both sides will work together to study and resolve each other’s legitimate and lawful concerns, including the supply of rare earths.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

malaymail /  🏆 1. in MY

Economy And Trade Trade And Tariffs China US-China Trade Relations Trade Summit US President Donald Trump Chinese President Xi Jinping Beijing Washington Trade Council Tariff Reduction Fleet Of 200 Aircraft Rare Earths Products Of Equivalent Scale

 

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China Stocks Struggle; Hong Kong Shares Rise Amid US-China Summit Outcomes, Global Bond SelloffChina Stocks Struggle; Hong Kong Shares Rise Amid US-China Summit Outcomes, Global Bond SelloffChina's blue-chip and Shanghai Composite indices decline 0.5% and remain flat, respectively. Hong Kong benchmark HANGSENG rises 0.4%. Investors remain cautious as surging bond yields pressure Asian equities. Rare earth stocks decline as Australia orders divestment. US President Donald Trump's visit with China has failed to achieve breakthroughs on trade, keeping investors on the sidelines. Bank stocks lead gains in Hong Kong. Standard Chartered Bank announces plan to achieve higher returns through role cuts.
Read more »

Putin is flying to Beijing right after Trump left — What this means for global energy, Ukraine, and US relationsPutin is flying to Beijing right after Trump left — What this means for global energy, Ukraine, and US relationsBEIJING, May 19 — Russian President Vladimir Putin arrives in Beijing on Tuesday for a summit with Chinese leader Xi Jinping, looking to deepen a strategic partnership stretching...
Read more »

Russian President Vladimir Putin Arrives in Beijing for Talks with Xi JinpingRussian President Vladimir Putin Arrives in Beijing for Talks with Xi JinpingPutin arrives in Beijing for talks with Chinese counterpart Xi Jinping, highlighting their unshakeable ties following a visit by Donald Trump. The leaders will discuss strengthening their strategic partnership and exchange views on key international and regional issues.
Read more »

‘Dear old friends’: Putin lands in Beijing to show Russia-China ties unshaken‘Dear old friends’: Putin lands in Beijing to show Russia-China ties unshakenBEIJING, May 20 — Russian President Vladimir Putin arrived in Beijing late yesterday for talks with his Chinese counterpart and “long-time good friend” Xi Jinping, intending...
Read more »



Render Time: 2026-05-21 20:05:56