US presses China to implement Busan trade commitments

Politics · First reported 6 Nov, 23:00 · Updated 23:31

Image: Wikimedia Commons · NASA Johnson Space Center · Public domain

US officials urged China to deliver on commitments under the Busan trade arrangement during a call with Chinese Vice Premier He Lifeng. The reports describe disputes over whether China has met commitments on supplies and purchases, while China also raised concerns about US restrictions, according to a brief account of the call.

US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer spoke with Chinese Vice Premier He Lifeng and urged China to fully and promptly carry out its Busan commitments.
Washington raised concerns about China’s recent actions, including rare-earth supplies and agricultural purchases; China has rejected US claims that it is not meeting its rare-earth commitments.
Al Jazeera reports that China has said it is open to buying more US farm goods if both sides implement their reciprocal tariff-reduction arrangement.
The Times of India says the two countries agreed to continue consultations; a brief Straits Times account says China raised serious concerns about recent US trade and economic restrictions on a video call.

Summary written by Lux AI from 3 articles

Key facts

US officials: Scott Bessent and Jamieson Greer spoke with He Lifeng.
US position: China should fully and promptly implement its Busan commitments.
China position on farm purchases: China said it was open to buying more US agricultural products if both sides implement the reciprocal tariff cuts.
China’s concerns: China raised serious concerns about recent US trade and economic restrictions on a video call.
Reported truce deadline: The Times of India says the deadline was extended by two months to January 2027.