Overview
- Jamieson Greer said U.S. trade with China should be more balanced, likely smaller, and concentrated in non-sensitive goods.
- He characterized an observed roughly 25% drop in goods trade with China as progress toward policy goals.
- Greer emphasized a preference for stability over economic conflict, noting daily monitoring of ties and interest from allies in coordinated action.
- He cited U.S. leverage from software to semiconductors and called for boosting domestic output of strategic goods, including critical minerals.
- Treasury Secretary Scott Bessent said China is poised to fulfill specific deal commitments, including purchasing 12 million metric tons of soybeans by the end of February 2026.