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China and US seek industry input on potential tariff cuts ahead of summit

China and the US are seeking input from industry stakeholders regarding potential bilateral tariff reductions. Both nations are establishing new trade boards and are actively soliciting feedback from domestic and international firms, business associations, and local governments. This initiative is seen as a potential deliverable ahead of an anticipated summit between Presidents Xi Jinping and Donald Trump later this year. AI

RANK_REASON Policy development involving two major global economies and potential high-level summit deliverables. [lever_c_demoted from significant: ic=1 ai=0.1]

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China and US seek industry input on potential tariff cuts ahead of summit

COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Xinyi Wu ·

    On tariffs, China and US ask industry a US$30 billion question

    Beijing and Washington are actively soliciting industry feedback on potential bilateral tariff reductions under the newly established board of trade, according to China’s commerce ministry. “The Chinese side is widely soliciting views from stakeholders – including domestic firms,…