Overview

• The U.S. delegation is led by Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and USTR Jamieson Greer.
• China’s team is headed by Vice Premier He Lifeng, who also led the negotiations in Geneva last month.
• The talks aim to prolong a 90-day tariff pause from the Geneva deal, which cut U.S. duties on Chinese goods to 30% and Chinese duties on U.S. goods to 10%.
• Trump praised the preceding phone conversation as “very positive” even as he has accused Beijing of falling short on its Geneva commitments.
• China’s exports to the U.S. fell 12.7% in May, prompting Beijing to pursue new trade links with Canada and the EU, including a proposed green channel for rare earths.