US, China trade chiefs hold preparatory call ahead of Trump-Xi Shenzhen summit
Published 8 h ago5 sourcesEvidence: Reported
The US is publicly urging China to fulfill its commitments under the Trump-Xi Busan agreement, which aimed to ease tariffs and tech restrictions. Progress on implementation appears stalled, with Washington signaling that further steps depend on Chinese compliance. This marks a notable shift in tone, as the US moves from negotiation to enforcement of the deal's terms.
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The US is publicly and formally urging China to fulfill commitments under the 2025 Busan trade agreement, specifically citing stalled progress on tariff and tech restriction easing, and dissatisfaction with rare earth metal exports. This marks a shift from negotiation to enforcement, indicating growing friction in bilateral trade relations. Confidence in this assessment is Medium.
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