U.S. Presses China to Deliver on Farm Purchases and Rare-Earth Commitments

Aerial view of a container cargo port
URL has been copied successfully!

Archive: K/Pexels

The United States pressed China on Friday to carry out its past trade commitments, with farm purchases and rare earths named first. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer held a videoconference Friday morning with Chinese Vice Premier He Lifeng. It matters to American farmers and manufacturers, who depend on those purchases and on supplies of rare earths and other critical minerals.

In its readout, the trade representative’s office said Greer stressed the need for China to take concrete actions to fully carry out its past commitments, especially on agricultural purchases, rare earths and other critical minerals. The office said the administration will keep pursuing balanced trade with China by monitoring compliance with past commitments.

What Treasury said

In its readout, Treasury said Bessent stressed that China should fully and immediately carry out the commitments it made in Busan, and raised concerns about recent Chinese actions. He said continued progress depends on concrete results and that the United States will closely assess how China carries out the arrangement.

The tone of the call

Treasury said the two sides reaffirmed the value of direct and candid communication. Bessent repeated the administration’s commitment to policies that benefit American workers, farmers and businesses.

JBizNews Desk | Washington

© JBizNews.com. All rights reserved. Unauthorized reproduction or redistribution is strictly prohibited.

Share this story:
Share on Facebook
Share by Email
X (Twitter)
Follow Me
Tweet
Whatsapp
LinkedIn
Copy link