Eighth US‑China Economic and Trade Consultation Ends With Agreement on Council Procedures

Beijing – The eighth round of U.S.–China economic and trade consultations concluded successfully on September 23, after four days of talks in New York and Washington. Delegates from both sides confirmed the procedural rules for the newly proposed China‑US Trade Council.

Key documents exchanged included the duty‑reduction framework and a product list that identifies goods eligible for tariff cuts. The parties also agreed on a schedule for regular council meetings and a joint secretariat to manage implementation.

Analysts note that the smooth conclusion of the talks signals a willingness from both capitals to move beyond tariff disputes toward a more predictable trade environment.

The ministry highlighted that the council will serve as a dedicated channel for bilateral trade adjustments, aiming to resolve issues before they escalate into larger disputes.