US-China Trade Consultations Held Ahead of Trump-Xi Summit

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  • 📰 Published: May 14, 2026 at 10:20
  • 🔍 Collected: May 14, 2026 at 10:32 (11 min after Published)
  • 🤖 AI Analyzed: May 15, 2026 at 07:57 (21h 25m after Collected)
Ahead of the highly anticipated Trump-Xi summit in Beijing, US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng held the 7th round of US-China trade consultations in South Korea. Lasting about three hours, the talks aimed to address bilateral trade concerns and expand cooperation. Anticipated topics included China's purchase of US Boeing aircraft and agricultural products, as well as easing restrictions on rare earth exports. Analysts view this meeting as a positive signal for managing differences and establishing a new normal in US-China relations.