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Chinese vice premier, US trade representative hold video call on economic issues

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      China

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      Chinese vice premier, US trade representative hold video call on economic issues

      2025-03-26 22:30 Last Updated At:03-27 00:17

      Chinese Vice Premier He Lifeng, who is China's lead official for China-U.S. economic and trade affairs, held a video call with U.S. Trade Representative Jamieson Greer at the latter's invitation on Wednesday.

      Focusing on the implementation of the important consensus reached by the two heads of state during their phone call on January 17 this year, the two sides exchanged views on major bilateral economic and trade issues in a candid and in-depth manner.

      The Chinese side expressed grave concerns over additional U.S. tariffs on Chinese imports under the pretext of the fentanyl issue, the Section 301 investigation that target Chinese imports, and planned "reciprocal" tariffs.

      Section 301 of the U.S. Trade Act of 1974 authorizes the U.S. Trade Representative to impose tariffs or other import restrictions on foreign products after determining that "an act, policy, or practice of a foreign country is unreasonable or discriminatory and burdens or restricts United States commerce."

      Both sides confirmed their belief that stable China-U.S. economic and trade relations are in the interests of both countries and agreed to maintain communication on each other's concerns.

      Chinese vice premier, US trade representative hold video call on economic issues

      Chinese vice premier, US trade representative hold video call on economic issues

      Next Article

      China-Brazil forum strengthens industrial, supply chain cooperation

      2025-03-29 23:13 Last Updated At:23:37

      China and Brazil convened the Economic and Commercial Forum in Sao Paulo on Friday, aimed at strengthening cooperation in the industrial chain sector.

      Co-hosted by the China Council for the Promotion of International Trade (CCPIT) and the Brazil-China Business Committee, the forum also served as the third China International Supply Chain Expo Promotion Conference.

      In his speech at the event, CCPIT President Ren Hongbin highlighted that China is willing to work with Brazil to foster new growth drivers for cooperation and expand new space regarding industrial and supply chains.

      Meanwhile, Brazilian participants emphasized the strong resilience of the economic and trade relations between Brazil and China amid global challenges. They expressed hope that companies from the two sides will leverage the expo to drive sustainable growth.

      China-Brazil forum strengthens industrial, supply chain cooperation

      China-Brazil forum strengthens industrial, supply chain cooperation

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