economy
March 16, 2026
TRUMP GOES TO BEIJING AFTER SECRET TALKS! China and USA close to a major trade deal
China and USA close to a major trade deal
TL;DR
- US and Chinese delegations held "very good" two-day economic talks in Paris.
- The talks preceded a planned meeting between Presidents Trump and Xi in Beijing.
- The US sought increased Chinese imports of Boeing jets, coal, oil, and natural gas.
- China expressed openness to purchasing US agricultural products and confirmed soybean import plans.
- Progress was made on critical minerals, particularly US access to yttrium.
- Formal mechanisms for trade and investment management, like a "Trade Committee" and "Investment Committee," were explored.
- Potential delays to President Trump's Beijing visit would be logistical, not related to trade demands.
- The economic dialogue occurred alongside the ongoing conflict with Iran, which has impacted oil supply routes.
- US Secretary of State Marco Rubio is expected to join Trump in Beijing despite Chinese sanctions.