International

U.S. Officials Hold Video Call with Chinese Vice Premier Ahead of Xi Jinping's Visit

Axios · July 30, 2026Original source ↗

What happened

Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer conducted a video call with China's Vice Premier He Lifeng to discuss preparations for President Xi Jinping's upcoming visit in September. The conversation included topics on trade commitments and ongoing tensions in U.S.-China economic relations.

Why it matters

The discussions aim to address trade issues that could impact the economic relationship between the U.S. and China.

Who feels this

If you rent your home

Changes in U.S.-China trade relations could affect the overall economy, potentially influencing rent prices and availability of rental properties.

If you are a small business owner

Trade commitments discussed in the call may impact tariffs and import/export regulations, which could affect the cost of goods and market access for small businesses.

If you are a saver or investor

Outcomes from the discussions may influence market stability and investment opportunities, affecting savings and investment returns.

What does this mean for YOU, specifically?

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