US Proposes ‘Board of Trade’ With China in Key Pre-Summit Call

The board would oversee trade in everyday commercial goods that do not involve national security.

Treasury Secretary Scott Bessent leaves after trade talks between the United States and China in Kuala Lumpur, Malaysia, on Oct. 26, 2025. Hasnoor Hussain/Reuters

U.S. and Chinese officials have discussed creating a new “Board of Trade” to help manage trade ties between the world’s two largest economies.

U.S. Trade Representative Jamieson Greer said the idea was raised during a video call on Thursday with Chinese Vice Premier He Lifeng and Treasury Secretary Scott Bessent.