Trade officials in the United States and China are actively seeking feedback from industry stakeholders on potential bilateral tariff reductions, according to reports from the South China Morning Post.
The consultations, conducted under a newly established board of trade, focus on a package of duty cuts valued at approximately $30 billion.
This outreach comes as President Xi Jinping and President Trump prepare for an anticipated summit, raising expectations of a diplomatic breakthrough in the ongoing trade dispute.
The move marks a notable shift in tone from Beijing, which has simultaneously imposed fresh restrictions on dozens of American companies.
The Chinese government has outlined proposals that suggest a willingness to pursue de-escalation, even as it maintains pressure on specific sectors.
For investors, the dual approach of targeted restrictions and broad tariff relief creates a complex risk landscape, requiring careful navigation of sector-specific exposures versus broader market sentiment.