China, US Discuss Tariffs, Farm Trade at First Trade Council Meeting
China and the United States held their first trade council meeting under a bilateral economic and trade consultation mechanism via video link on Friday, China's commerce ministry said on Saturday. The two sides held "candid, in-depth and constructive discussions" on implementing outcomes from previous trade consultations, including tariffs, a reciprocal tariff-reduction arrangement involving $30 billion on each side, agricultural trade and other issues of note, the ministry said.
