Before the APEC meeting between Trump and Xi, the United States and China held their first trade committee meeting

U.S. President Donald Trump is expected to visit China next week to attend the APEC summit in Shenzhen and meet with Chinese President Xi Jinping. Before Trump and Xi meet again, U.S. and Chinese economic and trade officials held their first trade committee meeting today to establish a fair and balanced trade relationship.

The Office of the United States Trade Representative (USTR) wrote on the

The Office of the Trade Representative stated that the Trump administration looks forward to continuing to engage with China. "We are committed to establishing a fair and balanced trade relationship between the world's two largest economies."

The United States and China officially launched the U.S.-China Business Council in September. This mechanism was approved during Trump’s visit to Beijing in May.

The White House previously pointed out that under the Trade Commission, the two countries reached consensus on the proposal to grant more preferential tariff treatment to non-sensitive goods worth US$30 billion in each direction in both directions. The Commission also established a working group to focus on solving market access barriers in the agricultural sector.

For U.S. exports, these include agricultural products, fish and seafood, logs and wood products, cosmetics and medical equipment. For U.S. imports, these include small appliances, toys, holiday decorations and consumer products such as child car seats.

In addition, Trump is expected to visit the Philippines and China from the 17th to the 19th, during which he will attend the Asia-Pacific Economic Cooperation (APEC) Summit in Shenzhen and meet with Xi Jinping again. This will be the third meeting between the two this year.

Prior to this, U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer had a phone call with Chinese Vice Premier He Lifeng on the 6th. Greer stressed that it is crucial for China to take concrete actions to fully implement its past commitments, especially in the purchase of U.S. agricultural products, rare earths and other critical minerals.

According to a summary released by the Ministry of Finance, Bessant said during the call that it was crucial for China to fully and immediately implement the commitments made in Busan and expressed concern about China's recent actions. He emphasized that the continued progress of bilateral relations depends on specific results.

Trump and Xi held a summit in Busan, South Korea in October last year and reached a trade truce agreement.

Foreign media previously reported that under the agreement, China promised to continue purchasing U.S. soybeans from 2026 to 2028. China also agreed to suspend the implementation of new rare earth export control measures and issue general licenses for the export of related materials.