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US-China 'Board of Trade' may help ties but experts flag market worries
US and China aim to ease economic conflict with a managed-trade board focusing on import commitments and sustainable cooperation, building on a $200 billion Phase One precedent.
- After Paris talks last weekend, US trade envoy Jamieson Greer said negotiators discussed creating a 'US‑China Board of Trade' as Washington and Beijing consider managed trade ahead of a possible meeting.
- Officials describe managed trade as an outcome-focused mechanism that could involve import commitments or voluntary export restraints, similar to 1980s U.S.-Japan trade tools, according to an anonymous US business leader.
- Progress reported in agriculture, energy and planes sectors gives negotiators tangible targets while recalling the agreement where China did not meet a $200 billion import commitment, highlighting enforcement risks.
- An anonymous US‑based business leader said managing trade raises questions about which industries Washington would prioritise, while critics warn the mechanism could interfere with market forces.
- Proponents argue the mechanism could reduce recurring conflict, but officials warn it will be hard to make durable, as Chad Bown of the Peterson Institute for International Economics says it needs both sides' sincere commitment for a longer‑term relationship.
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43 Articles
43 Articles
US-China ‘Board of Trade’ may help ties but experts flag market worries
As Washington and Beijing mull a new mechanism to adjust trade between the world's two largest economies, some analysts warn that it could interfere with market forces, while others consider it a path to smoother coexistence.
·Hong Kong, Hong Kong
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Coverage Details
Total News Sources43
Leaning Left5Leaning Right9Center15Last UpdatedBias Distribution52% Center
Bias Distribution
- 52% of the sources are Center
52% Center
L 17%
C 52%
R 31%
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