US urges China to honour Busan trade deal commitments

· Trade · United States · China

The US urged China to honour commitments made under the Trump-Xi Busan trade deal, which aimed to ease tariffs and technology restrictions, saying progress hinges on Beijing's fulfilment of its pledges. Separately, China said trade barriers are blocking its technology imports and fuelling its surplus, pushing back against criticism of its export strength. The exchanges come after the US midterms, with a weakened Trump and a Democratic Congress potentially changing the balance in Washington's trade negotiations with Beijing.

Why it matters：The world's two largest economies are testing whether their tariff truce holds, with consequences for global supply chains and prices.

Key points

  • The Busan deal aimed to ease tariffs and tech restrictions.
  • Washington says progress depends on China's follow-through.
  • Beijing says trade barriers block its tech imports.

Sources (original reporting)

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