U.S.-China Economic Dialogue Underway Amid Trade Tensions

Communication between the United States and China over economic issues persists despite escalating tensions between the two nations. Key figures like Liu Pengyu, former Chinese Embassy Spokesperson in Washington, have been central to these ongoing discussions, focusing on semiconductors and export controls as major concerns. While trade talks are underway, China has raised concerns about U.S. restrictions on exports while seeking fair trade practices. These negotiations could impact global markets through the semiconductor industry and financial implications of tariffs.