Key Highlights
- U.S. Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng met in Paris for pre-summit discussions.
- Talks focused on tariff adjustments, supply chain resilience, and strategic competition.
- Both sides agreed to enhance communication channels ahead of the Trump-Xi meeting.
- Analysts say the meeting signals a tentative thaw amid ongoing trade frictions.
- Global markets reacted positively, with Asian stocks rising 1.2% after the news.
Senior U.S. and Chinese economic officials held talks in Paris this week to lay the groundwork for an upcoming Trump-Xi summit expected to address tariffs and trade disputes. The discussions, led by Treasury Secretary Janet Yellen and Vice Premier He Lifeng, aimed to stabilize economic ties amid heightened geopolitical tensions.
Sources close to the talks said both sides explored pathways to reduce tariffs on key industrial goods and improve transparency in technology trade. Analysts view the meeting as a cautious step toward rebuilding trust, though major policy shifts remain uncertain.
Sources
