US urges China to honour Busan trade deal commitments

Trump-Xi Busan deal aimed to ease tariffs and tech restrictions; progress hinges on China’s fulfillment of commitments.Published On 6 Nov 20266 Nov 2026United States Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer met Chinese Vice Premier He Lifeng to urge Beijing to immediately implement commitments under the Busan trade agreement.“Secretary Bessent emphasised the importance of China fully and immediately implementing its commitments made in Busan and raised concerns about recent Chinese actions. He underscored that continued progress depends on concrete results and that the United States will closely assess China’s implementation of the arrangement,” the US Department of the Treasury said in a statement announcing the discussions on Friday.Recommended Stories list of 3 itemslist 1 of 3Trump-Xi meeting: Could China, US form a ‘G2’?list 2 of 3Trump welcomes Xi to Washington as US, China agree to extend trade trucelist 3 of 3Trump and Xi summit will focus on ‘stabilising’ ties, experts sayend of listThe announcement refers to a trade deal negotiated between Washington and Beijing in which US President Donald Trump and Chinese President Xi Jinping agreed t...