China and the United States maintain close communication on tax reductions and trade investment

Nov 12, 2026 15:11:41

The spokesperson for the Ministry of Commerce, He Yadong, stated that China and the United States are maintaining close communication on the "30 billion for 30 billion" framework arrangement for reciprocal tariff reductions, which is beneficial for stabilizing and expanding bilateral trade. Communication between the two sides in areas such as trade and investment will create more favorable conditions for agricultural product trade between the two countries, and relevant progress will be announced in a timely manner.

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