US, China trade chiefs hold preparatory call ahead of Trump-Xi Shenzhen summit

US Treasury Secretary Bessent and USTR Greer spoke with Chinese Vice-Premier He Lifeng to finalize preparations for the Trump-Xi summit in Shenzhen. Bessent stressed full implementation of Busan commitments and raised concerns over recent Chinese actions, signaling unresolved friction despite the upcoming high-level meeting. The summit's outcome remains uncertain, with potential for both progress and continued tension.

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