🇺🇸 🇨🇳 US to Mull Action If #China Overcapacity Found, Trade Envoy Says - Bloomberg https://t.co/1Et2ii4pMv #USChinaTrade #Overcapacity #TradePolicy #US #CN
R
During a high-stakes summit between U.S. President Donald Trump and Chinese President Xi Jinping, the U.S. and China are anticipated to establish a managed trade mechanism for non-sensitive goods worth approximately $30 billion, aiming to optimize trade without altering China's state-directed economic model, while maintaining tariffs on national security-sensitive technologies. #TradeRelations #EconomicPolicy #USChinaTrade #US #CN #KR
Trump, Xi to weigh tariff cuts on $30 billion of imports in managed trade push
