China_and_U_S__Launch_New_Trade_Consultation_Mechanism_After_Geneva_Talks

China and U.S. Launch New Trade Consultation Mechanism After Geneva Talks

In Geneva, representatives from China and the U.S. wrapped up a landmark two-day economic and trade meeting, marking their first high-level talks since the imposition of heavy tariffs on Chinese goods.

Leading the Chinese delegation was Vice Premier He Lifeng, who teamed up with U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer. Together, they zeroed in on implementing the important consensus reached by the two heads of state during their January 17 phone call.

Both sides described the sessions as candid, in-depth, and constructive. By the end of the weekend, they had secured a series of major agreements and laid the groundwork for ongoing dialogue.

Key takeaways:

  • Candid, in-depth discussions focused on Jan. 17 consensus;
  • Major agreements reached and substantial progress made;
  • New economic and trade consultation mechanism established;
  • First high-level talks since heavy tariffs on Chinese goods.

The newly created consultation mechanism is designed to maintain regular communication on shared concerns—from market access to digital trade rules—and reduce the risk of sudden escalations that can disrupt global markets.

For young professionals, entrepreneurs, and changemakers around the world, Geneva’s consensus signals a shift toward more predictable and transparent Sino-U.S. economic ties. Watch this space as we track how these dialogues reshape the global economy.

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