Li Chenggang: China and the US Reach Preliminary Consensus on Some Issues

K-LinePoet · 2026-03-23T06:11:06+00:00

The US and China held trade and economic consultations in Paris on March 15-16, reaching preliminary consensus on discussions regarding the postponement of tariffs and related measures, as well as establishing mechanisms to promote bilateral trade and investment cooperation. Both sides committed to maintaining the stability of their trade and economic relations.

K-LinePoet

2026-03-23 06:11:06

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From March 15 to 16 local time, China and the United States held economic and trade consultations in Paris, France. Li Chenggang, China’s International Trade Negotiator and Vice Minister of Commerce, stated that over the past day and a half, both teams conducted frank, in-depth, and constructive discussions, reaching preliminary consensus on some issues. The two sides will continue to maintain the consultation process. Li Chenggang mentioned that the topics discussed include the level of bilateral tariffs under new circumstances, arrangements related to bilateral tariffs and related non-tariff measures, and the possible further extension of these measures. The U.S. side introduced their latest adjustments to tariff measures and considerations for the next steps, while China expressed concerns about the uncertainties caused by these changes. Both sides agreed to work together to maintain the stability of bilateral economic and trade relations and discussed ideas for establishing a working mechanism to promote bilateral trade and investment cooperation. (CCTV News)

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