The Trump administration plans to disclose new details Monday on agreements reached with Beijing, including exemptions for selected goods and an extension of the tariff truce through Jan. 10.
By yourNEWS Media Newsroom.
The United States will provide additional details Monday on a series of trade agreements negotiated with China after President Donald Trump’s second meeting of the year with Chinese President Xi Jinping, U.S. Trade Representative Jamieson Greer said Friday.
The announcement follows Xi’s Thursday visit to the White House, where trade featured prominently in talks between the leaders of the world’s two largest economies.
Greer said the negotiations have produced agreements covering several categories of goods that Washington and Beijing intend to insulate from future trade disputes.
“We’re in a managed trade situation … we’ve had progress, and we will release on Monday, I think, a lot more details about what we’ve accomplished over the past few weeks in negotiating with the Chinese,” Greer told CNBC.
Among the arrangements, the United States and China have agreed to place certain products outside future disagreements involving tariffs and other trade measures.
The United States will supply China with agricultural products and medical devices, while China will send the United States consumer goods and other products considered nonsensitive, Greer said.
“We’ve actually reached agreement with the Chinese on a number of these things in areas where, you know, if we have trade disputes in the future or if there are tariff measures in the future, we just leave those things to the side,” Greer said.
Treasury Secretary Scott Bessent also held negotiations this week with Chinese Vice Premier He Lifeng as both governments worked to prevent a return to the tariff escalation that previously pushed reciprocal duties above 100%.
Bessent said the two sides agreed to extend their existing trade-war pause until Jan. 10.
Trump characterized his meeting with Xi as a success Friday while signaling that additional developments could follow.
“Very productive meeting with President Xi for both the U.S.A. and China,” Trump wrote on Truth Social. “Tremendous things will be happening. Like almost everyone else, he seemed to like calling the poorly and inaccurately named Artificial Intelligence to a far more accurate and important name, SUPER INTELLIGENCE. That would be ‘SUPER!’ Everyone last night agreed, also.”
The reference to artificial intelligence reflected another subject discussed during Xi’s visit, with Trump continuing to promote his preferred term, “Super Intelligence,” for the technology.
Thursday marked the second meeting between Trump and Xi this year as Washington and Beijing continue attempting to manage economic competition while preventing disputes over tariffs from escalating into another round of sharply higher trade barriers.
The agreements described by Greer indicate that the two governments are seeking to create protected categories of trade that could continue even if broader tariff disputes reemerge.
More specifics on what products and commitments are covered are expected when the administration releases its additional account of the negotiations Monday.
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