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US-China trade war
EconomyGlobal Economy

Did China’s ‘skilled’ negotiators help break the US trade deadlock?

US officials praised the negotiating style of Chinese counterpart He Lifeng at the successful talks, where Li Chenggang made his debut

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Li Chenggang, who made his debut as China’s trade negotiator during talks with the US in Switzerland, has been praised for the outcome of the dialogue. Photo: Reuters
Luna Sunin Beijing

As China and the United States concluded their first high-level trade talks since last month’s unprecedented escalation of tariff rates, comments from the US delegation shed light on the negotiating style of their counterparts – providing rare details from a closed-door dialogue between the world’s two largest economies.

“The vice-premier [He Lifeng] is a very skilled negotiator … I had a very good economic briefing beforehand, but there was no sense of anxiety,” said US Treasury Secretary Scott Bessent in an interview with CNBC after the two-day session in Geneva, Switzerland.

“There is a sense of moving forward. There is a sense of mutual respect. There is a sense that we had shared interests.”

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The talks were marked by a rare sense of “equanimity” and mutual respect, Bessent said, and their tenor stood in sharp contrast to the negotiations led by former vice-premier Liu He during the first term of current US President Donald Trump.

Those earlier sessions were often fraught with tension and volatility – with numerous reports of abrupt breakdowns, public brinkmanship and mutual distrust on most points of contention.

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That previous iteration of the trade war concluded in 2020 with a “phase-one” deal, under which China pledged to increase purchases of US goods in exchange for a pause in tariff hikes. The agreement, though touted by both sides as a victory, was criticised in some circles.

During last weekend’s meeting, Chinese Vice-Minister of Commerce Li Chenggang also made his debut as a trade representative – a trial by fire the official appears to have surmounted.

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