US-China Board of Trade releases new working procedures

U.S.-China Board of Trade: The U.S.-China Board of Trade is a bilateral government-to-government mechanism established by the United States and China to optimize trade through ongoing dialogue on non-sensitive products. It operates under the leadership of senior officials including the U.S. Secretary of the Treasury, the U.S. Trade Representative, and China's Vice Premier of the State Council. The Board develops proposals for reciprocal tariff adjustments and other measures to promote balanced bilateral commerce, as detailed in its newly released working procedures. Purpose: It focuses on facilitating reciprocal tariff treatment for non-sensitive goods and other arrangements to optimize bilateral trade between the two countries. Establishment: The Board was established following a May 2026 summit between President Trump and President Xi Jinping to create a dedicated channel for managing U.S.-China trade relations. Recent Announcement: The White House released the Board's working procedures and terms of reference on September 27, 2026, including initial product recommendations for reduced tariffs.