U.S. Trade Representative Jamieson Greer said on Thursday that U.S. trade with China should be balanced and probably should be lower, according to Reuters. He added that he considers the 25% reduction in goods trade with China to be “on the right track”.
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“The landing zone with China is that our trade with them has to be more balanced. It probably has to be smaller, so they’re not dependent on each other, and it has to be in non-sensitive commodity areas,” Greer said at the American Growth Summit in Washington.
Greer said U.S. President Donald Trump’s policies are helping to achieve more balanced trade with China, and the overall situation was better than when Trump’s second term began in January. “I don’t think anybody wants to have a full-blown economic conflict with China and they didn’t have it,” he said.
He stated that the United States has many levers in its relationship with China, from software to semiconductors, and that many allies are interested in taking coordinated action. “But the decision right now is that we want to be stable in this relationship,” Greer said.
Greer said relations with China are now stable, but Washington is monitoring the situation on a daily basis.
Greer’s comments came a day after US Treasury Secretary Scott Bessant said China was ready to fulfill its obligations under the US-China trade agreement, including the purchase of 12 million tonnes of soybeans, which he said would be completed by the end of February 2026.
Source: IndexBox Market Intelligence Platform
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