China and the US announce the creation of councils to expand bilateral trade.

China and the United States have agreed to create a Trade Council and a Investment Council As part of efforts to expand bilateral trade between the world's two largest economies, the announcement was made this Friday (15) by Chinese Foreign Minister Wang Yi, in a statement released by the Chinese Foreign Ministry. According to Wang, the two countries will also discuss concerns related to market access for agricultural products and work on a framework for reciprocal tariff reduction. The initiative comes after President Donald Trump's official visit to China and a series of bilateral meetings with President Xi Jinping in Beijing. According to the statement, technical teams from both countries have already begun consultations on the details of the agreements and should finalize the results "as soon as possible".

This text was translated by machine from Brazilian Portuguese.