US presses China to honor Busan trade deal commitments
Published 2 d ago3 sourcesEvidence: Reported
The US has formally urged China to honor its 2025 Busan accord commitments, specifically on agricultural purchases and rare earths supply, while Beijing countered with complaints about US economic and trade restrictive measures. The exchange signals continued friction in bilateral trade relations despite the earlier agreement, with implementation now the key uncertainty.
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The US is formally pressing China for full implementation of the 2025 Busan trade agreement commitments, specifically citing rare earth exports and agricultural purchases, ahead of the Trump-Xi Shenzhen summit. This pressure, confirmed by US Treasury Secretary Bessent and USTR Greer's call with Chinese Vice-Premier He Lifeng, indicates unresolved friction despite high-level diplomatic engagement. Beijing has countered with complaints regarding US trade restrictions, signaling continued bilateral tension.
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