US Officials Urge China to Honor Busan Trade Commitments in Call With He Lifeng

TREE NEWS update: US Treasury Secretary Bessent and US Trade Representative Greer spoke with Chinese Vice Premier He Lifeng, raising concerns over China’s recent actions and stressing that Beijing must fully and immediately implement commitments made in the agreement reached in Busan, South Korea, a year ago. Greer’s office said China must take concrete action, especially on agricultural purchases and rare earths and other critical minerals. Tariff exemptions on some Chinese goods expire November 10, and Washington has not said whether it will extend them.