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[Current Affairs Hot Topics] | Big News! Tariff Extension for Another 90 Days! Latest Progress of The New Round of Sino-US Economic Trade Talks!
Views: 0 Author: Site Editor Publish Time: 2025-09-15 Origin: Site
From July 28 to 29 local time, Chinese Vice Premier He Lifeng, the lead negotiator for China in Sino-US economic and trade talks, met with US Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer in Stockholm, Sweden, for Sino-US economic and trade talks. The two sides engaged in candid, in-depth, and constructive exchanges on issues of mutual concern in China-U.S. economic and trade relations, including macroeconomic policies. They reviewed and affirmed the consensus reached at the China-U.S. economic and trade talks in Geneva and the implementation of the London framework.
According to the consensus reached in the talks, both sides will continue to push for the 90-day extension of the 24% reciprocal tariffs imposed by the US, which have been suspended, and China's countermeasures.He Lifeng stated that the economic and trade teams of China and the United States should take the important consensus reached during the telephone conversation between the two heads of state on June 5 as guidance, adhere to the principles of mutual respect, peaceful coexistence, and win-win cooperation, respect each other's concerns, further consolidate consensus, and deepen mutual trust. China's position on China-US economic and trade relations has always been consistent. The essence of China-US economic and trade relations is mutual benefit and win-win cooperation. The two sides share broad common interests and vast cooperation potential in the economic and trade. Cooperation between China and the US benefits both sides, while confrontation harms both. A stable, healthy, and sustainable China-US economic and trade relationship not only facilitates the achievement of each country's development goals but also promotes the development and stability of the global economy. Going forward, both sides should continue to follow the important consensus reached during the telephone conversation between the two heads of state, give full play to the role of the China-US economic and trade consultation mechanism, continuously enhance consensus, reduce misunderstandings, strengthen cooperation, further deepen dialogue and consultation, and strive for more win-win results.
The US side stated that stable US-China economic and trade relations are of great significance to the economies of both countries and the global economy. It is willing to work with the Chinese side to continue to resolve differences in the economic and trade field through the US-China economic and trade consultation mechanism, promote more consultation results, and further stabilize US-China economic and trade relations.
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