Trump will pursue stability with China's Xi in May meeting, USTR Greer says
Trump aims to preserve trade stability and keep U.S. access to Chinese rare earths as officials discuss a new trade mechanism, Greer said.
- President Donald Trump will aim to maintain economic stability during a meeting next month with Chinese President Jinping, Trade Representative Jamieson Greer said on Tuesday.
- Consultations on rare earth minerals continued following the postponement of a Beijing summit due to the US-Israel war on Iran, with Treasury Secretary Scott Bessent and Chinese Vice-Premier Lifeng meeting in Paris in March.
- The United States is working on plurilateral agreements to boost alternative critical mineral supplies, Greer said, to protect production from potential future predatory price cuts by China.
- Both countries are working on a Board of Trade mechanism for Trump and Jinping to consider, which would determine sustainable trade items without crossing national security red lines.
- Regarding investment programs, Greer stated the relationship is not yet at a point to negotiate, noting the United States must first focus on controlling the trade deficit.
12 Articles
12 Articles
Trump seeks stability with China’s Xi at May meeting — USTR Greer
WASHINGTON - The US economic and trade relationship with China is stable and President Donald Trump will aim to keep it that way in a meeting next month with Chinese President Xi Jinping, US Trade Representative Jamieson Greer said on Tuesday.
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