Editor's PiCK
Chinese Vice Premier: 'Significant Progress in US-China Tariff Negotiations'
Summary
- Chinese Vice Premier He Lifeng reported that significant agreements were reached in trade negotiations with the United States.
- Both sides announced that they agreed to establish a trade and economic consultation mechanism and continue follow-up discussions.
- U.S. Treasury Secretary Scott Besant also mentioned that significant progress was made in US-China negotiations.
Chinese Vice Premier He Lifeng stated that trade negotiations between the United States and China have been successful.
According to Walter Bloomberg on the 12th (local time), Vice Premier Lifeng said, "Both the United States and China have exchanged in-depth views on trade negotiations," and "both sides have reached significant agreements." He added, "Both sides have agreed to establish a trade and economic consultation mechanism, and follow-up discussions will continue."
Furthermore, he emphasized, "China always pursues win-win results," and "China is ready to expand areas of cooperation with the United States."
Previously, U.S. Treasury Secretary Scott Besant also stated that "significant progress has been made in US-China negotiations."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
