As the global economy faces multiple challenges, the ability of the United States and China to effectively manage their trade differences and achieve mutual benefits has become a critical issue. Recent statements from China's Commerce Ministry have injected positive signals into this pivotal discussion.
By 2025, under the strategic guidance of both nations' leaders, the two economic powers have successfully conducted five rounds of trade consultations, reaching multiple agreements based on principles of equality, mutual respect, and reciprocity. These achievements demonstrate that through candid dialogue, Washington and Beijing possess the full capability to properly resolve trade frictions.
Following their Busan meeting, the United States and China have maintained regular communication at various levels through existing trade consultation mechanisms. This ongoing dialogue aims to continuously implement the consensus reached by both leaders and the outcomes achieved during the Kuala Lumpur consultations.
The effective operation of this mechanism reflects both parties' willingness and efforts to maintain stable economic and trade relations, even as geopolitical tensions persist in other areas.
China has expressed its willingness to work with the United States to safeguard and implement the important consensus reached by their leaders. Both nations plan to fully utilize existing consultation mechanisms to effectively manage differences while deepening practical cooperation in trade and economic sectors.
These concerted efforts aim to steer bilateral economic relations toward sustained, stable, healthy, and sustainable development. The stability of US-China trade relations not only serves the interests of both nations' citizens but also contributes to global economic prosperity and stability during a period of significant international uncertainty.