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    Home»Trending News»US, China economic chiefs meet in Paris to clear path to Trump-Xi summit
    Trending News

    US, China economic chiefs meet in Paris to clear path to Trump-Xi summit

    Team_Prime US NewsBy Team_Prime US NewsMarch 15, 2026No Comments2 Mins Read
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    China’s state-run China Day by day newspaper in an editorial known as for continuity within the US-China dialogue as a “stabilising anchor” amid the uncertainty of the “ongoing disaster within the Center East” and one of the simplest ways to deal with particular variations on points together with strategic supplies, expertise, market entry and agriculture.

    “In a second like this, the very last thing the world wants is a commerce battle between its two largest economies,” China Day by day mentioned.       

    TRADE TRUCE REVIEW

    The 2 sides are anticipated to evaluation their progress in assembly commitments below the October 2025 commerce truce declared by Trump and Xi in Busan, South Korea. 

    The deal forestalled a significant flare-up in tensions, trimmed US tariffs on Chinese language imports, and paused for a yr China’s draconian export controls on uncommon earths. It additionally paused the enlargement of a US blacklist of Chinese language corporations banned from shopping for high-technology US items corresponding to semiconductor manufacturing tools.

    China additionally agreed to purchase 12 million metric tons of US soybeans through the 2025 advertising and marketing yr and 25 million tons within the 2026 season, which is able to begin with the autumn harvest.

    US officers, together with Bessent, have mentioned that China has to date met its commitments below the Busan deal, citing soybean purchases that met preliminary targets.

    However whereas some industries are receiving uncommon earth exports from China, which dominates international manufacturing, US aerospace and semiconductor companies aren’t and are dealing with worsening shortages of key supplies, together with yttrium, utilized in heat-resistant coatings for jet engines.

    “US priorities will probably be about agricultural purchases by China and better entry to Chinese language uncommon earths within the brief time period” on the Paris talks, mentioned William Chou, a senior fellow on the Hudson Institute, a Washington assume tank.



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