Overview
- Jamieson Greer, speaking Tuesday at the Hudson Institute, said the U.S.–China economic relationship is stable and that President Trump’s May meeting with Xi will seek to preserve it.
- He said Washington is not looking for a confrontation as it keeps substantial tariffs in place and pushes to sustain access to Chinese rare earths used in electronics and defense gear.
- Talks on rare earths have continued, including March discussions in Paris with Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, with the aim of settling issues before the leaders meet.
- The U.S. is pursuing plurilateral deals to develop alternative sources of critical minerals and wants price floors to prevent China from undercutting new producers.
- Both sides are drafting a Board of Trade to map non‑sensitive goods for steady exchange, with a possible Board of Investment limited to case‑by‑case hurdles as Trump’s openness to a BYD plant draws concern from U.S. lawmakers.