Since April 25, #贸易战缓和 2025, the U.S. government has imposed so-called 'reciprocal tariffs' on China based on previous unilateral tariff increases. China has responded firmly and justifiably. Subsequently, the U.S. has successively escalated tariff measures, raising the tariff rate on 'reciprocal tariffs' against China from the initial 34% to 84% and then to 125%. The high tariffs imposed by the U.S. seriously harm normal bilateral trade relations and severely disrupt the international trade order. This meeting resulted in a joint statement, marking an important step taken by both sides to resolve differences through equal dialogue and negotiation, laying a foundation and creating conditions for further bridging of differences and deepening cooperation.

Both sides reached multiple positive consensuses in the joint statement. Both sides recognize the importance of the bilateral economic and trade relationship to both countries and the global economy, acknowledge the significance of a sustainable, long-term, and mutually beneficial bilateral economic and trade relationship, and, in the spirit of mutual openness, continuous communication, cooperation, and mutual respect, continue to advance the relevant work.