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Economic and trade teams from China and

Economic and trade teams from China and the United States are in close communication over the structure and operational rules of the China-US Trade Council. Meanwhile, they are pushing forward a framework for reciprocal tariff reductions covering trade worth 30 billion US dollars on each side.
中美双方经贸团队正在就贸易理事会的架构、运行模式密切沟通,同时在推进各自300亿美元规模的对等降税框架安排。

Both sides are soliciting opinions from relevant stakeholders. Specific product lists for tariff cuts will be finalized soon to advance implementation.
目前两边都在征求各方意见,很快就会敲定具体的降税产品,推动落地。

The Trade Council is expected to shift bilateral economic exchanges from ad-hoc crisis negotiations to institutionalized management, helping manage differences and stabilize China-US trade ties.
贸易理事会有望推动双边经贸交流从临时危机谈判转向机制化管理,助力管控分歧、稳定中美经贸关系。

核心词汇

1. reciprocal tariff reduction 对等降税

2. institutionalized mechanism 机制化平台

3. stakeholder 利益相关方

4. bilateral trade 双边贸易

5. solicit public opinions 征求意见

6. operational model 运行模式