A senior Chinese trade delegation led by veteran negotiator Li Chenggang is traveling to Washington this week to restart high-level trade talks with the United States, in what officials describe as a critical step toward stabilizing economic ties between the world’s two largest economies.
Li, who previously served as China’s ambassador to the World Trade Organization, is expected to meet US. Trade Representative Katherine Tai and senior Treasury officials for discussions centered on tariffs, market access, and industrial competition.
The visit follows a series of negotiations earlier this year in Geneva, London, and Stockholm, where both sides sought to ease tensions that had escalated under sweeping tariff hikes. Talks in London produced a tentative “framework” agreement, though final approval has yet to be secured by Presidents Xi Jinping and Donald Trump. Despite these efforts, progress has been halting, with each round of talks offering temporary pauses but no comprehensive settlement.
Currently, both countries are operating under a 90-day tariff truce announced in mid-August. The arrangement preserves US. tariffs at around 30 % on Chinese goods and Chinese tariffs at about 10 % on American exports, averting sharp increases that would have driven US. duties to as high as 145 % and Chinese retaliatory tariffs to 125 %. The truce, in place until November, has provided temporary relief to sectors such as Chinese technology, machinery, consumer goods, and e-commerce platforms, while also easing pressure on US. retailers and toy manufacturers.
Li’s trip to Washington shows cautious optimism that both sides may seek limited compromises to prevent further economic strain. Yet the outcome remains uncertain, with deep divides over industrial subsidies, advanced technology, and market barriers still unresolved. The renewed talks will test whether Beijing and Washington can move beyond short-term truces toward a more stable and predictable trade relationship.
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