The White House Announces the Establishment of the U.S.-China Trade Council and Investment Council

According to The Kobeissi Letter (@KobeissiLetter), the White House announced the establishment of the U.S.-China Trade Council and the U.S.-China Investment Council, aimed at “optimizing” bilateral economic relations between the two countries. The Trade Council will oversee bilateral trade in “non-sensitive goods,” while the Investment Council will serve as an intergovernmental forum dedicated to investment-related topics.