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4mo ago

U.S. and China Reaffirm Commitment to Ongoing Dialogue in High-Level Call

Deputy Secretary Kurt Campbell and Vice Foreign Minister Ma Zhaoxu discuss trade and technology tensions as both sides emphasize the importance of sustained communication.

Employees work on the tractor assembly line at a YTO Group Corporation factory in Luoyang, Henan Province of China, on May 6.
President Donald Trump departs the White House on Thursday.
A container ship arrives at the port in Lianyungang, in China's eastern Jiangsu province, on Wednesday.
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Overview

  • The U.S. and China agreed to maintain open communication following a call between Deputy Secretary Kurt Campbell and Vice Foreign Minister Ma Zhaoxu on Thursday.
  • The discussion builds on recent progress, including a tariff de-escalation agreement reached in Switzerland earlier this month.
  • Tensions remain over U.S. warnings against Huawei's AI chips, which China criticized as undermining trade negotiations.
  • The semiconductor industry continues to be a major point of contention, reflecting broader competition over technological dominance.
  • With $575 billion in bilateral trade in 2024, sustained dialogue is viewed as essential to stabilizing relations and maintaining market confidence.