China and US Agree to Implement All Existing Trade Agreements After Trump-Xi Meeting

China and the United States have reached an agreement to fully implement all existing trade agreements following a high-level meeting between Chinese President Xi Jinping and US President Donald Trump in Beijing. The announcement was made by Chinese Foreign Minister Wang Yi on Friday, who stated that delegations from both nations achieved overall positive results. As part of the outcome, the two countries decided to establish dedicated councils for trade and investment to facilitate ongoing cooperation and dialogue. This development signals a commitment to stabilizing economic relations between the world's two largest economies. While the primary focus of the report is on trade consensus, related coverage indicates that President Xi also raised concerns regarding Taiwan and emphasized the need for strategic stability during the talks. The establishment of these new councils aims to provide a structured framework for addressing future trade and investment issues, building upon agreements reached in previous consultations. The meeting marks a significant step in managing bilateral tensions and fostering economic collaboration.