US-China Trade Talks: US-China trade talks begin in Paris, paving the way for Trump-Jinping summit
US-China Trade Talks: US-China trade talks have begun in Paris as major geopolitical shifts take place amid the Middle East crisis. According to reports, representatives of Beijing and Washington have started economic and trade talks in Paris on Sunday. With this, the way has been paved for US President Donald Trump’s visit to Beijing after about two weeks, where he will meet Chinese leader Xi Jinping.
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According to China’s official news agency Xinhua, the delegation led by US Treasury Secretary Scott Bessant and Chinese Vice Premier He Lifeng met in the French capital Paris in the morning. The White House has said Trump will visit China from March 31 to April 2, although Beijing has not officially confirmed this.
Besant-Lifeng meeting in Paris
Besant said on Thursday that her team would remain committed to delivering results while giving priority to America’s farmers, workers and businesses. The US Treasury Department said Besant would meet Hay on Sunday and Monday. China’s Commerce Ministry on Friday said the two sides are ready to discuss trade and economic issues of mutual concern.
Trump’s visit to China will be the first by a US president to China since his first term in office in 2017.
What issues are being discussed?
Many important issues are being discussed in the talks, such as tariffs imposed by the US, rare earth minerals and magnets received by the US from China, control on the export of American high-tech goods and purchase of American agricultural products by China. Experts say that at present there is little hope of any major agreement from these talks. One reason for this is that America’s attention is currently on the ongoing war with Iran. According to China affairs expert Scott Kennedy, the main goal of both the countries at the moment is that the talks should continue and the tension should not increase again.
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