Story perspectives

U.S.-China Talks: Tensions Ease Ahead of Trump's Visit

3/15/2026

Summary

Story summary

In Paris, U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng meet before U.S. President Donald Trump’s China visit.
They discuss tariffs, Chinese rare earth exports, and agricultural purchases.
Tensions eased after the 2025 trade war and the Busan summit, though a new U.S. investigation could reignite friction.
Analysts say breakthroughs are unlikely while both sides aim to maintain dialogue to limit oil disruptions from the Iran conflict.

History

Historical Context

The U.S.-China trade conflict began in 2018 when President Trump imposed tariffs to address alleged unfair trade practices, escalating significantly by 2025. In April, the U.S. raised tariffs to 145% on Chinese goods, prompting China to retaliate with 125% tariffs on U.S. products. Ongoing discussions between U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng aim to stabilize trade relations amid these tensions.

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Story summary

In Paris, U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng meet before U.S. President Donald Trump’s China visit.
They discuss tariffs, Chinese rare earth exports, and agricultural purchases.
Tensions eased after the 2025 trade war and the Busan summit, though a new U.S. investigation could reignite friction.
Analysts say breakthroughs are unlikely while both sides aim to maintain dialogue to limit oil disruptions from the Iran conflict.

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