IP Law Daily, VITAL BRIEFING—Administration to take steps toward U.S.-China Board of Trade, (May 29, 2026)
While addressing the proposal for a new Board of Trade in mid-May, Chinese Foreign Minister Wang Yi noted that the Chinese and U.S. teams were consulting over the details and expeditiously working together toward its successful implementation.
In this installment of Tariff Insights, Thomas Thompson takes a close look at some of the undertakings which have emerged in the aftermath of President Trump’s recent summit talks in Beijing with Chinese President Xi Jinping. Of note, U.S. Trade Representative Jamieson Greer announced that his agency will be working toward the establishment of a “Board of Trade” to manage trade and tariff relations between the U.S. and China.
Some of the other matters Thompson discusses in the article include:
Efforts between the U.S and China to put up a structure that will provide a government-to-government forum for discussing investment-related issues, as well as addressing any emerging disputes between the parties.
An agreement by China to add $17 billion of meat and grain purchases to its earlier soybean commitments, thus restoring its purchases of U.S. agricultural goods to 2024 levels. Exports to China had contracted by approximately 25 percent during the first 11 months of Trump’s tariff war.
Progress made with the European Union on its trade laws as the EU’s 27 governments formally committed to implementing the provisions in their national laws that were required by the trade and tariff deal negotiated with U.S in 2025.
To read the piece, click Administration to take steps toward U.S.-China Board of Trade.
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