#中美贸易谈判 China-U.S. Trade Negotiation Updates

As of December 12, 2025, the China-U.S. trade negotiations focus on implementing the leaders' consensus, advancing cooperation through a checklist approach, and managing differences. Recent interactions have been frequent, with key progress and differences as follows:

Key Interactions (as of December 12)

1. December 5: The Vice Premier of the State Council held a video conference with U.S. Treasury Secretary Janet Yellen and Trade Representative Katherine Tai, focusing on implementing the consensus from the Busan meeting and the November 24 call, advancing three checklists: “expanding dialogue, lengthening cooperation, and narrowing issues,” and positively evaluating the execution of the Kuala Lumpur negotiation outcomes. Both sides agreed to maintain communication and cooperation mechanisms.

2. December 3-4: A delegation of entrepreneurs from the China Council for the Promotion of International Trade visited the U.S. for exchanges; the Chinese Ambassador to the U.S. proposed advancing economic and trade relations through three checklists.

3. Mid to late November: After the Busan leaders' meeting, basic consensus was reached in the Kuala Lumpur economic and trade negotiations, involving tariffs, agricultural products, export controls, etc., with working-level communications continuing to push for detailed implementation.

4. Other Interactions: On December 9, representatives from the U.S.-China Business Council visited China, focusing on pragmatic cooperation in agriculture, supply chains, etc., emphasizing advancing procurement according to market rules.