Bessent and Greer discuss U.S.-China trade commitments with Vice Premier He Lifeng; concerns raised over U.S. actions.
Scott BessentJamieson GreerGreerHe LifengXinhua News Agency

Bessent and Greer discuss U.S.-China trade commitments with Vice Premier He Lifeng; concerns raised over U.S. actions.

U.S. Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent met with Chinese Vice Premier He Lifeng to discuss trade commitments, emphasizing the need for China to fulfill obligations on rare earths and agriculture, while He raised concerns over recent U.S. actions against China.

Forex Factory+1 source30 July 2026 · 22:35 UTC
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U.S. Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent engaged in discussions with Chinese Vice Premier He Lifeng regarding trade commitments, particularly focusing on rare earths and agricultural products. Greer emphasized the expectation for Beijing to fulfill its obligations ahead of the upcoming meeting between President Trump and President Xi in September.12

During the conversation, Vice Premier He expressed "serious concern" over recent U.S. actions against China, as reported by China's official Xinhua News Agency. Both parties acknowledged the need to "enhance communication, build mutual trust and dispel doubt" to foster a more balanced and constructive economic relationship.34

The discussions also included the implementation of the Trade and Investment Boards, which are intended to secure concrete progress in U.S.-China economic relations. The meeting reflects ongoing tensions and the critical nature of trade commitments between the two nations as they navigate complex economic landscapes.

Key Insight
“During the call, He Lifeng expressed "serious concern" about recent U.S. measures against China, highlighting tensions in the economic relationship. Both sides agreed to enhance communication and build mutual trust to secure progress on trade and investment issues.”
CuriousCats studied:
1
Forex Factory
“Today, @USTradeRep Greer and I spoke with Chinese Vice Premier He Lifeng ahead of @POTUS @realDonaldTrump and President Xi's meeting in September.”
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2
Investing.com
“Chinese Vice Premier He Lifeng raised concerns about recent U.S. actions against China during a phone conversation with U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer on Thursday.”
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