READOUT: Secretary of the Treasury Scott Bessent’s Call with China’s Vice Premier He Lifeng

WASHINGTON— Today, Secretary of the Treasury Scott Bessent and United States Trade Representative Jameison Greer spoke with Vice Premier He Lifeng of the People’s Republic of China to discuss the bilateral economic relationship and implementation of the Busan arrangement. The two officials reaffirmed the value of maintaining direct and candid communication.

Secretary Bessent emphasized 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.

Secretary Bessent reiterated the Trump Administration’s commitment to pursuing trade and economic policies that benefit American workers, farmers, and businesses and strengthen U.S. economic and national security.