Yellen, Tai, and He Lifeng Discuss U.S.-China Commitments

U.S. Treasury Secretary Janet Yellen and U.S. Trade Representative Katherine Tai spoke with Chinese Vice Premier He Lifeng, expressing concerns over recent actions by China and emphasizing that China must fully and immediately fulfill the commitments made a year ago in Busan, South Korea. Yellen pointed out that continued progress depends on concrete outcomes, and the U.S. will closely assess China's compliance. A statement from Tai's office noted that China must take specific actions to meet its commitments, particularly regarding agricultural purchases, rare earths, and other critical minerals. Additionally, the U.S. tariff exemptions on certain Chinese products will expire on November 10, and the U.S. has not yet indicated whether it will extend them.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.