
"A statement from China's state news agency said both countries should "keep up the momentum, keep moving forward in the right direction on the basis of equality, respect and mutual benefit, lengthen the list of cooperation and shorten the list of problems, so as to make more positive progress, create new space for China-U.S. cooperation and bring more benefits to the people of both countries and the world.""
"They met last month in Busan, South Korea, after which the U.S. halved a 20% tariff that was imposed to curb fentanyl flows. Cumulatively, the average tariff on Chinese goods still remains at just below 50%. "Since then, the China-U.S. relationship has generally maintained a steady and positive trajectory, and this is welcomed by the two countries and the broader international community," the Chinese statement said on Monday."
President Trump and Xi Jinping held a phone call covering Ukraine/Russia, fentanyl, soybeans, and other farm products. The U.S. reported a deal benefiting American farmers and described relations with China as extremely strong. China urged continued momentum, equality, respect, mutual benefit, lengthening cooperation and shortening problems to benefit both peoples and the global community. The leaders met in Busan, after which the U.S. halved a 20% tariff aimed at curbing fentanyl flows; average tariffs still remain just below 50%. October negotiations saw the U.S. pull back additional threatened tariffs, and China paused planned export controls on refined rare earths for one year, leaving potential future supply risks.
Read at www.npr.org
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