Xi Jinping News Updates

The United States and China released Sept. 28 reciprocal lists of products worth about $30 billion each that will see tariff cuts.

Mexico’s economy and finance ministries are evaluating which products not currently covered by a bilateral trade deal might face new duties.

Treasury Secretary Scott Bessent said he held a call July 30 with Chinese Vice Premier He Lifeng to lay the groundwork for Xi Jinping’s U.S. visit in September.

President Trump said he expected to meet with Chinese counterpart Xi Jinping around Sept. 24, which would coincide with the UN General Assembly in New York.

The two have agreed in principle to include agricultural products in a reciprocal tariff reduction framework following talks, China’s Ministry of Commerce said.

The agreements offer some hope to American farmers harmed by the trade war as they saw a major export market for soybeans and other products dry up.

Yet trade ambassador Jamieson Greer said the two sides had discussed creating a “Board of Trade” that would see tariffs reduced on $30 billion in noncritical goods.

President Donald Trump said he would prioritize trade discussions over the Iran war during his summit with Chinese counterpart Xi Jinping.

President Trump is forging ahead with plans to hold a summit with counterpart Xi Jinping next week in Beijing despite unease in China over the Iran war.

The allegations add another point of tension between the U.S. and China ahead of President Donald Trump’s scheduled visit to Beijing in May.