Details on US, China trade talks to come on Monday, says Greer
Summary
The United States is expected to release more details on its trade talks with China on Monday, U.S. Trade Representative Jamieson Greer said in Washington on Friday. He said the two sides made progress on exempting some key goods and left certain sensitive items aside. Greer also said the talks did not cover a small amount of high-quality U.S.-made chips. U.S. Treasury Secretary Scott Bessent said talks with Chinese Vice Premier He Lifeng extended a trade truce until January 10.
Key Facts
- Greer said the United States would send agricultural products and medical devices while receiving consumer goods and other non-sensitive items from China.
- He said the two sides had reached agreement on a number of matters that they would leave aside if future trade disputes or tariff measures arise.
- Greer said the current talks did not cover a small amount of high-quality U.S.-made chips requiring licenses.
- Bessent said the United States and China agreed to extend until January 10 a deal that paused a trade war with mutual tariffs that topped 100 percent.

United States Trade Representative Jamieson Greer walks at the White House in Washington, D.C., Aug. 26. Reuters-Yonhap
WASHINGTON — The United States is expected to release details on the outcome of trade negotiations with China on Monday, U.S. Trade Representative Jamieson Greer said on Friday.
U.S. President Donald Trump welcomed Chinese President Xi Jinping to the White House on Thursday but there was little sign of a breakthrough on a host of sensitive issues.
"We're in a managed trade situation ... we've had progress, and we will release on Monday, I think, a lot more details about what we've accomplished over the past few weeks in negotiating with the Chinese," he told CNBC.
The U.S. has agreed with China on exempting some key goods from arguments over trade, he said. The U.S. would send agricultural products and medical devices "and we're getting from them, you know, consumer goods and other things that are non-sensitive," he added.
"We've actually reached agreement with the Chinese on a number of these things in areas where, you know if we have trade disputes in the future or if there are tariff measures in the future, we just leave those things to the side."
Greer also said that the current talks did not cover a small amount of high quality U.S.-made chips requiring licenses.
"These are the crown jewels of American technology. It's the way we stay ahead in the race for superintelligence, or AI, and so those conversations ... (are) not really happening in these negotiations," he said.
U.S. Treasury Secretary Scott Bessent held talks with Chinese Vice Premier He Lifeng this week and said they had agreed to extend until January 10 a deal that paused a trade war that saw mutual tariffs top 100 percent.
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