U.S. and Chinese officials have discussed creating a new “Board of Trade” to help manage trade ties between the world’s two largest economies.
U.S. Trade Representative Jamieson Greer said the idea was raised during a video call on Thursday with Chinese Vice Premier He Lifeng and Treasury Secretary Scott Bessent.
The proposed Board of Trade would serve as a formal government channel to identify and oversee trade in everyday commercial goods that do not involve national security concerns.
This would allow both countries to manage import and export flows more predictably, officials said.
According to a post on X by the U.S. Trade Representative’s office, Greer and Bessent “highlighted the role that a new government-to-government Board of Trade could play in optimizing bilateral trade in non-sensitive goods.”…
US Proposes ‘Board of Trade’ With China in Key Pre-Summit Call
