U.S. Trade Representative Katherine Tai and Chinese Vice Premier Liu He Hold Video Call

[Image source=Reuters Yonhap News]

[Image source=Reuters Yonhap News]

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[Asia Economy Reporter Lim Hye-sun] On the 9th, high-level trade representatives from the United States and China held a video call to discuss the implementation status of their trade agreement and other related matters.


According to major foreign media on the 9th, Katherine Tai, the United States Trade Representative (USTR), and Liu He, Vice Premier of China, exchanged views on the implementation of the trade agreement and the expansion of trade cooperation between the US and China through the video call.


During the video call, the US raised concerns about China's state-led policies, while China reportedly demanded the removal of additional tariffs.


Both sides agreed to continue communication with an attitude of equality and mutual respect, aiming to create favorable conditions for the healthy development of bilateral trade relations and the recovery of the global economy.


The Chinese Ministry of Commerce evaluated the call as a "practical, frank, and constructive exchange of views." In diplomatic circles, the phrase "frank dialogue" is often used as a euphemism when consensus has not been reached.


Regarding the call, the USTR stated in a press release that "during the frank exchange of views, both sides recognized the importance of bilateral trade relations and their impact on not only the two countries but also the global economy." Representative Tai also expressed concern that US workers, farmers, and businesses are suffering due to China's non-market policies and practices.



The call took place following the Biden administration's announcement on the 4th (local time) of its China trade strategy, which focuses on maintaining the high tariffs imposed during the Donald Trump administration and adhering to the Phase One trade agreement.


This content was produced with the assistance of AI translation services.

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