Macroeconomics; The topic of consultation between American and Chinese officials

According to IRNA, the CNBC website wrote that the statement from the Chinese side stated that the importance of cooperation between the two countries in macroeconomic policies and maintaining the stability of the global supply chain was emphasized in the consultation. Beijing’s statement referring to US tariffs and anti-Chinese sanctions of this country did not mention geopolitical issues.

The statement of the US Treasury Department also mentioned the general discussion of the economy and financial developments in the two countries and the world, but without mentioning the tariffs and sanctions, it emphasized the impact of Russia’s war against Ukraine on the world economy.

US President Joe Biden said that the country may remove the tariffs imposed by the Trump administration on Chinese goods. Recently, some knowledgeable sources told the Financial Times newspaper that Washington may lift tariffs on some Chinese consumer goods to reduce the economic pressure on American citizens.

The parties described last night’s conversation as cordial and agreed to continue the calls.