China says it has fully implemented agreements from eight rounds of US trade talks
( November 12, 2026, 09:02 GMT | Official Statement) -- MLex Summary: China has fully implemented the consensus reached during eight rounds of economic and trade talks with the US since May 2025, Chinese Ministry of Commerce spokesperson He Yadong said at a press briefing on Thursday. He said China and the US are in close contact over implementing a reciprocal tariff-reduction framework known as the “$30 billion-for-$30 billion” arrangement, which could create more favorable conditions for bilateral agricultural trade. The two sides are also maintaining close communication on trade and investment concerns, with further developments to be announced in due course. Excerpt of the transcript follows (in Chinese)....
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