China's US envoy, Xie Feng, has called for a significant increase in tariff-free trade between the two nations. Speaking at a US-China Business Council gala, Xie proposed expanding the tariff-free trade list from its current unspecified value to potentially US$300 billion, a tenfold increase from a previous suggestion of US$60 billion. This call comes as overall bilateral trade between China and the US reached an estimated $414 billion in 2025, according to the US Trade Representative's office. The US-China Board of Trade, established following Donald Trump's visit to China, aims to manage tariff-free trade in non-sensitive sectors. AI
RANK_REASON Policy discussion regarding trade relations between major global economies. [lever_c_demoted from significant: ic=1 ai=0.1]
- China
- Donald Trump
- US
- US-China Board of Trade
- US-China Business Council
- US Trade Representative’s office
- Washington
- Xie Feng
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