US urges China to meet rare earths, agriculture commitments ahead of Trump-Xi meetings
The officials pressed Beijing to deliver on rare earths and farm purchases, while saying progress will be judged by concrete results.
- On Friday, Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer held a video conference with Chinese vice premier He Lifeng to urge Beijing to honor trade commitments made last year.
- The Busan agreement, unveiled at an October 2025 summit between President Donald Trump and Chinese leader Xi Jinping, required China to increase soybean purchases and roll back export controls on rare earths essential to U.S. industries.
- During the online meeting, Bessent emphasized the importance of China "fully and immediately implementing its commitments" made in South Korea, stating that "continued progress depends on concrete results" while the United States monitors compliance.
- Earlier this week, China's commerce ministry said it is open to purchasing more American agricultural products, but only if the United States implements proposed reciprocal tariff cuts.
- Later this month, Trump and Xi are scheduled to meet on the sidelines of the Asia-Pacific Economic Cooperation summit in Shenzhen to discuss these trade issues and other bilateral concerns.
58 Articles
58 Articles
U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer met with Chinese Vice Premier He Lifeng. During the meeting, Bessent emphasized that China must fully and promptly fulfill its commitments under the Busan Agreement.
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Vice-Premier He Lifeng, who is leading China's economic and trade affair talks with the United States, held a video call on Friday with Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer. The two sides held candid, in-depth and constructive exchanges on implementing the important consensus reached between the two heads of state at their meetings in Beijing and Washington and the outcomes of economic and trade consultations,…
The US urged Beijing to meet commits from a 2025 agreement — especially on agricultural purchases and rare earths supply. China, meanwhile, expressd
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