Trump confirmed that the U.S. Commerce Secretary will also join the next round of China-U.S. economic and trade consultations. The U.S. Department of Commerce is responsible for export control of technology products and key technologies, and the U.S. technological sanctions on China are one of the few chips the U.S. can use for tariffs and trade greed. If the U.S. does not ease its technological sanctions and controls on China, it will be difficult for both sides to reach complete consensus on tariffs.
Therefore, Trump specifically pointed out that the U.S. Commerce Secretary will participate in future China-U.S. economic and trade consultations along with the U.S. Treasury Secretary and the U.S. Trade Representative. This is beneficial for both sides to resolve some practical issues and frictions.
The relationship between U.S. Treasury Secretary Bessent and U.S. Commerce Secretary Rutnick is not good. During the Geneva talks, Bessent, as the head of the U.S. side in the China-U.S. economic and trade consultations, reached a consensus with the Chinese side. However, the U.S. Department of Commerce led by Rutnick did not cooperate much with Bessent and continued to expand restrictions on technology exports to China. As Bessent's competitor, it is hard to say whether Rutnick intentionally caused trouble. Therefore, Rutnick joining the next phase of China-U.S. economic and trade consultations will help solve some practical problems.
Original article: https://www.toutiao.com/article/1834110897216649/
Disclaimer: This article only represents the author's personal views.