US Trade Representative Greer discusses trade commitments with China ahead of key meetings

US Trade Representative Jamieson Greer held discussions with China’s Vice Premier He Lifeng on July 30, focusing on trade commitments ahead of upcoming bilateral meetings between the two largest economies on the planet. What’s on the table The Greer-He Lifeng call appears to be groundwork for a more formal round of negotiations. This follows the May 2026 Trump-Xi summit, which produced some concrete outcomes after years of fits and starts. That summit resulted in the creation of the US-China Board of Trade, a new institutional framework designed to address tariffs and non-tariff barriers between the two countries. China also committed to purchasing at least $17 billion in US agricultural goods annually as part of the May deal. The long road to here Prior to the May 2026 summit, discussions in 2025 between senior officials on both sides had already begun addressing tariffs and technology concerns. Those earlier meetings helped establish the diplomatic channels that made the summit’s outcomes possible. He Lifeng, who serves as one of China’s most influential economic policymakers, has been a recurring figure in these negotiations. What this means for crypto investors No crypto tokens...