The Ministry of Commerce responds to the progress of China US tariff negotiations: The economic and trade teams of both sides will agree on specific arrangements and promote implementation as soon as possible

Beijing, May 28 (Xinhua) -- Spokesperson for the Ministry of Commerce, He Yadong, responded to questions about the progress of China US tariff negotiations at a regular press conference on May 28, stating that the economic and trade teams of both sides will maintain close communication, agree on specific arrangements, and promote implementation as soon as possible.

A reporter asked: Can you provide the latest news on the progress of the China US tariff negotiations? Has China identified the types of products to be included in the $30 billion tariff list? When are the details expected to be announced?

He Yadong said that tariffs have always been one of the key issues in the economic and trade relations between China and the United States. Under the strategic guidance of the two heads of state, the China US economic and trade teams have had in-depth communication on tariff issues and made arrangements regarding bilateral tariffs. I would like to reiterate that I hope the US side will keep its promise and create positive conditions for expanding economic and trade cooperation between the two sides.

He Yadong stated that both parties have agreed in principle to discuss a framework arrangement for equivalent tariff reduction for products of equal scale under the Trade Council, with each party having a scale of 30 billion US dollars or more. The economic and trade teams of both sides will maintain close communication, agree on specific arrangements, and promote implementation as soon as possible.