Name: Chinese Commerce Ministry briefs media on China-US trade
Uploaded: 2026-11-12T19:18:04+08:00
Duration: PT54.76S
Description: The 2026 APEC Economic Leaders’ Meeting is just around the corner. On Thursday afternoon, the Chinese Commerce Ministry briefed the media on the latest on China-US trade ahead of the grand gathering. He Yadong, a spokesperson of the ministry, noted that

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The 2026 APEC Economic Leaders’ Meeting is just around the corner. On Thursday afternoon, the Chinese Commerce Ministry briefed the media on the latest on China-US trade ahead of the grand gathering. He Yadong, a spokesperson of the ministry, noted that China and the United States have agreed to provide reciprocal tariff reduction treatment for imports of approximately $30 billion each, adding that this framework arrangement supports stabilizing and expanding bilateral trade between China and the US, and the business communities of both countries have high expectations for it. He said that at present, China and the US are maintaining close communication on implementing this arrangement, reaffirming that Beijing hopes the US can work together with China to promote the implementation and effectiveness of this arrangement as soon as possible, and create more favorable conditions for agricultural trade between the two countries. He also said the two sides are maintaining close communication on issues of mutual concern in areas such as trade and investment.

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