US Urges China on Trade Deal

US officials urged Beijing to immediately implement commitments under the Busan trade agreement during economic talks. Washington emphasized that progress depends on concrete results as both sides navigate reciprocal tariff cuts.

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He Lifeng, Vice Premier of China's State Council, delivers a video address during the Global Financial Leaders' Investment Summit in Hong Kong, China, November 3, 2026. REUTERS/Tyrone Siu

United States officials urged China on Friday evening to immediately implement commitments under the Busan trade agreement. The bilateral push highlights ongoing friction over tariff cuts and agricultural purchasing targets. Financial markets are closely monitoring whether trade concessions can prevent escalating duties between the world's two largest economies.