China Commerce Ministry Interprets Outcomes of 8th Round of US-China Trade Talks
The eighth round of US-China economic and trade consultations, held September 20-23 in New York and Washington, produced several agreements. The two sides established a US-China Trade Council and an Investment Council, and created an Agricultural Working Group. They reached consensus on a reciprocal tariff reduction covering approximately $30 billion in goods from each side, with about 90% of products having tariffs reduced to Most-Favored-Nation rates. The Kuala Lumpur Joint Arrangement suspending certain tariffs and non-tariff measures was extended from November 10, 2026 to January 10, 2027.
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China Commerce Ministry Interprets Eighth Round of US-China Trade Talks Results on Agriculture
The Chinese Ministry of Commerce's Department of American and Oceanian Affairs provided an official interpretation of the outcomes from the eighth round of US-China economic and trade consultations held from September 20-23 in New York and Washington. Key results include a consensus on a reciprocal tariff reduction arrangement covering approximately $30 billion in goods from each side, with about 90% of products from each country having their tariffs reduced to Most-Favored-Nation rates, pending domestic legal procedures. An Agriculture Working Group was established under the China-US Trade Council, co-led by China's Ministry of Commerce and the USTR, with relevant regulatory agencies participating, to discuss bilateral market access and regulatory issues; its first meeting is scheduled before the end of 2026. Additionally, the two sides agreed to extend the Kuala Lumpur Joint Arrangement on trade issues from November 10, 2026, to January 10, 2027, while continuing discussions toward a mutually agreed solution, aiming to provide a stable and predictable policy environment for businesses.
Read sourceChina and US Agree to Extend Kuala Lumpur Trade Consultation Arrangement to January 2027
On September 28, the Chinese Ministry of Commerce's Department of American and Oceanian Affairs head interpreted the results of the eighth round of China-US economic and trade consultations. In October 2025, the two sides reached a joint arrangement in Kuala Lumpur to address their respective concerns on trade issues, agreeing to suspend the implementation of certain tariffs and non-tariff measures until November 10, 2026. During the latest round of consultations, China and the US agreed to extend this Kuala Lumpur joint arrangement until January 10, 2027, and to continue actively discussing the matter with the aim of reaching a mutually agreed solution. The report is attributed to the Chinese Commerce Ministry and sourced from tradealpha.
Read sourceChina and US Agree to Establish Agricultural Working Group Under Bilateral Trade Council
On September 28, a Chinese Commerce Department official interpreted the outcomes of the eighth round of China-US economic and trade consultations. In May of this year, the two countries' economic and trade teams reached a series of positive consensus on resolving some non-tariff barriers and market access issues for agricultural products, and agreed in principle to include related products in a '300 billion vs 300 billion' reciprocal tariff reduction framework. Subsequently, the teams conducted professional and pragmatic consultations on agricultural issues. Against this backdrop, both sides agreed to establish an agricultural working group under the China-US Trade Council, co-led by China's Ministry of Commerce and the Office of the United States Trade Representative, with participation from relevant regulatory agencies of both countries. The working group will discuss issues such as bilateral market access and regulation for agricultural products. Both sides agreed to hold the working group's first meeting before the end of 2026. China stated it will use the working group meetings to continue urging the US to address China's agricultural concerns.
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China and US Agree to Establish Investment Council Under Bilateral Trade Consultation Mechanism
On September 28, the Ministry of Commerce's Department of American and Oceanian Affairs issued an interpretation of the outcomes of the eighth round of China-US economic and trade consultations. According to the official statement, both sides have agreed to establish a China-US Investment Council under the existing bilateral economic and trade consultation mechanism. The council is designed to create an institutionalized communication platform, enabling regular dialogue between the two countries' economic and trade teams on potential investment opportunities and barriers. The stated goal is to enhance policy transparency and predictability, and to respond to the legitimate concerns of businesses, all while complying with the respective laws and regulatory requirements of each country.
Read sourceChina and US Agree to Establish Trade Council Under Bilateral Consultation Mechanism
On September 28, China's Ministry of Commerce (MOFCOM) Department of American and Oceanian Affairs released an interpretation of the outcomes of the eighth round of China-US economic and trade consultations. Following negotiations, both sides agreed to establish a China-US Trade Council under the existing bilateral economic and trade consultation mechanism. The council's primary mission is to optimize bilateral trade. The respective economic and trade teams have reached consensus on the council's tasks, structure, responsibilities, and consultation arrangements, with details to be announced later. The Trade Council will first discuss a framework for reciprocal tariff reductions on $30 billion worth of goods from each side, aiming to reach an agreement. An agricultural working group has been established under the council, and other arrangements to optimize bilateral trade will also be considered.
Read sourceChina and US Agree to Establish Agricultural Working Group Under Trade Council
According to a statement from the Chinese Ministry of Commerce's Department of American and Oceanian Affairs, China and the United States have agreed to establish an agricultural working group under the China-US Trade Council. This agreement follows the eighth round of China-US economic and trade consultations. In May of this year, the two sides reached a series of positive consensuses on resolving some non-tariff barriers and market access issues for agricultural products, and agreed in principle to include related products in a '300 billion for 300 billion' reciprocal tariff reduction framework. Subsequent professional and pragmatic consultations on agricultural issues led to the decision to create the working group, which will be co-led by China's Ministry of Commerce and the U.S. Trade Representative's Office, with participation from relevant regulatory agencies of both countries. The group will discuss issues such as bilateral market access and regulatory matters. Both sides agreed to hold the working group's first meeting by the end of 2026. China stated it will use the working group meetings to continue urging the U.S. to address China's agricultural concerns.
China and US Agree to Establish Investment Council Under Bilateral Trade Consultation Mechanism
On September 28, Jin10 Data reported that the Chinese Ministry of Commerce's Department of American and Oceanian Affairs interpreted the outcomes of the eighth round of China-US economic and trade consultations. Following the negotiations, both sides agreed to establish a China-US Investment Council under the existing bilateral trade consultation mechanism. The council is designed to create an institutionalized communication platform for the two countries. The economic and trade teams from both nations will engage in regular dialogue focusing on potential investment opportunities and investment barriers. The stated goal is to enhance policy transparency and predictability, while responding to the legitimate concerns of businesses, all in accordance with the respective laws and regulatory requirements of each country.
China and US Agree to Establish Trade Council Under Bilateral Consultation Mechanism
According to a September 28 report by Jin10, citing China's Ministry of Commerce, the US and China have agreed to establish a China-US Trade Council under the bilateral economic and trade consultation mechanism following the eighth round of China-US economic and trade consultations. The primary task of the council is to optimize bilateral trade. The trade teams from both sides have reached consensus on the council's mission, structure, responsibilities, and consultation arrangements, with details to be announced later. The Trade Council will first discuss a framework for reciprocal tariff reductions on $30 billion worth of goods each, aiming to reach an agreement. An agricultural working group has been established under the council, and other arrangements to optimize bilateral trade will also be considered.
Read sourceChina and US Agree to Establish Trade Council Under Bilateral Consultation Mechanism
On September 28, China's Ministry of Commerce announced that the US and China have agreed to establish a China-US Trade Council under the bilateral economic and trade consultation mechanism, following the eighth round of trade consultations. The council's main task is to optimize bilateral trade. Both sides' economic and trade teams have reached consensus on the council's mission, structure, responsibilities, and consultation arrangements, with details to be announced later. The council will first discuss a framework for reciprocal tariff reductions on $30 billion worth of goods each, aiming to reach an agreement. An agricultural working group has been established under the council, and other arrangements to optimize bilateral trade will also be considered. The information was released by the head of the Ministry of Commerce's Department of American and Oceanian Affairs, who interpreted the outcomes of the eighth round of US-China economic and trade consultations.
Read sourceChina Commerce Ministry Official Interprets Results of 8th Round of U.S.-China Trade Consultations
On September 20-23, U.S. and Chinese trade teams held consultations in New York and Washington, achieving positive consensus and contributing to outcomes for a potential leaders' meeting. The Chinese Commerce Ministry's Americas and Oceania Department official detailed the results. Key agreements include establishing a U.S.-China Trade Council to optimize bilateral trade, which will first discuss a '300 billion vs 300 billion' reciprocal tariff reduction framework, with about 90% of products' tariffs reduced to most-favored-nation rates. A U.S.-China Investment Council was also agreed upon for regular dialogue on investment opportunities and barriers. An agricultural working group will meet by end-2026. Both sides reached principled consensus on financial services, agreeing to process applications for financial institutions fairly. They held an initial AI dialogue and agreed to a second by end-November, establishing a communication channel for AI incidents. The Kuala Lumpur joint arrangement, which suspended certain tariffs and non-tariff measures until November 10, 2026, was extended to January 10, 2027, with further discussions planned. Both sides also discussed increasing direct passenger flights and reaffirmed commitments to implement all previous consultation consensus.
Read sourceChina Commerce Ministry Interprets Outcomes of 8th Round of US-China Trade Talks
The Chinese Ministry of Commerce's Department of American and Oceanian Affairs has issued an official interpretation of the outcomes from the eighth round of US-China economic and trade consultations held from September 20-23 in New York and Washington. Key results include the establishment of a US-China Trade Council to optimize bilateral trade, which will first discuss a reciprocal tariff reduction framework covering approximately $30 billion of goods from each side, with about 90% of products' tariffs reduced to Most-Favored-Nation rates. The parties also agreed to create a US-China Investment Council for regular dialogue on investment opportunities and barriers. An agricultural working group will hold its first meeting by end of 2026. In financial services, China pledged to process license applications for foreign institutions fairly, while calling for a reciprocal fair environment from the US. A new AI dialogue was established between Vice Premier He Lifeng and Treasury Secretary Bessent, with a first dialogue held and a follow-up scheduled by end of November 2024. The Kuala Lumpur Joint Arrangement on tariffs and non-tariff measures was extended to January 10, 2027. Both sides also discussed increasing direct passenger flights and reaffirmed commitment to implementing all previous consultation consensus.
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