USTR Representative Says Details of US-China Trade Deal to Be Published on the 28th
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US Trade Representative Grear said on the 25th that the details of the agreement reached in the US-China trade talks will be published on the 28th. Speaking in an interview with CNBC television, he noted that President Trump and Chinese President Xi Jinping held a summit on the 24th, but no statement on the agreement has been issued by the US side. Grear stressed that "the negotiations made progress." He, Treasury Secretary Bessent, and Chinese Vice Premier He Lifeng held cabinet-level talks in New York on the 20th. According to Grear, under a "trade committee" through which the two countries will lower tariffs on each other and aim to expand trade, the two sides will "enable trade on more preferential terms with China" for US agricultural products and medical equipment and for Chinese consumer goods and less sensitive items, and even if tariff measures are introduced between the two countries in the future, such items will be excluded from their scope.