US-China Discussions in Paris Propose New 'Board of Trade' for Bilateral Commerce Management

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US-China Propose 'Board of Trade' to Manage Bilateral Commerce in Paris Talks

The proposal emerged from trade talks held in Paris and represents a potentially significant step beyond simply extending the trade truce reached last autumn. (Reuters)

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Firstpost•18-03-2026, 09:23

US-China Propose 'Board of Trade' to Manage Bilateral Commerce in Paris Talks

•US and Chinese officials in Paris discussed establishing a 'Board of Trade' to manage bilateral commerce and resolve disputes.
•The concept emerged during meetings between senior economic representatives, preparing for a potential summit between US President Donald Trump and Chinese President Xi Jinping.
•US Trade Representative Jamieson Greer stated the body could formalize decisions on import/export goods, providing a clearer trade management framework.
•China's vice minister for commerce, Li Chenggang, mentioned exploring a working group for trade and investment cooperation mechanisms.
•Discussions also covered tariff issues, with US Treasury Secretary Scott Bessent addressing potential delays in Trump's China visit.

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