Readout of Secretary Raimondo’s Call with Minister of Commerce of China Wang Wentao
Oct 8, 2024
Today, U.S. Secretary of Commerce Gina Raimondo held a call with Minister of Commerce of the People’s Republic of China (PRC) Wang Wentao. During the call, the two sides discussed last month’s second meeting of the U.S.-China Commercial Issues Working Group (CIWG). The Secretary noted ongoing concerns from the U.S. business community about decreasing regulatory transparency in the PRC, non-market policies and practices, and structural overcapacity in a range of industrial sectors. Secretary Raimondo reiterated that U.S. national security is not negotiable and re-emphasized that the U.S. government’s “small yard, high fence” approach aims to safeguard U.S. national security in as targeted a manner as possible, while leaving space for healthy trade and investment. The two sides agreed to maintain an open channel of communication in the coming months.
Read the full report from the U.S. Department of Commerce: Read More