China and U.S. reach joint arrangement in eighth round of trade consultations
China and U.S. economic and trade teams held their eighth round of bilateral consultations in the United States and reached a joint arrangement, with China’s commerce ministry saying they reached several points of consensus. The ministry said the talks covered existing understandings, reciprocal tariff reductions, proposed trade and investment councils, and extending an earlier Kuala Lumpur arrangement.
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First reported among our outlets by Clarín (Argentina), · most coverage from China (2), Argentina (1)
What the parties said
United States
The latest round of economic and trade consultations between teams of both countries achieved new outcomes, said Trump, calling on both sides to continue dialogue to reach a…
China
the economic and trade teams of the two countries held a new round of consultations and reached a new joint arrangement, which is good news for industries and people of both…
Guided by the important consensus between the two heads of state and following the principles of mutual respect, peaceful coexistence, and win-win cooperation, the two sides…
including implementing the existing consensus of economic and trade consultations, reciprocal tariff reduction arrangements, establishing a trade council and an investment…
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