US, China Agree to Establish 'Consultation Mechanism' on Trade
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Chinese Vice Premier He Lifeng said Sunday that Beijing and Washington had agreed during weekend talks in Geneva to create a "consultation mechanism", as they strive to de-escalate trade tensions.

Speaking to reporters in Geneva, He said that the closed-door discussions with US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer resulted in agreement on "establishing a consultation mechanism".

China's international trade representative Li Chenggang explained the mechanism would enable "regular and irregular communications related to trade and commercial issues".

With AFP

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