US-China trade talks open in Paris, paving the way for Trump-Xi summit

Senior economic officials from the United States and China initiated crucial bilateral discussions in Paris on Sunday, setting the stage for a potential state visit by U.S. President Donald Trump to Beijing in late March. The negotiations between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng mark the latest diplomatic engagement between the world’s two largest economies amid ongoing trade tensions.

The Paris meetings, confirmed by China’s Xinhua News Agency, represent the continuation of dialogue channels established throughout previous encounters in Geneva, London, Stockholm, Madrid, and Kuala Lumpur. While the White House has announced Trump’s planned visit from March 31 to April 2, Chinese authorities have maintained diplomatic discretion regarding final confirmation of the itinerary.

This prospective visit would constitute President Trump’s first official trip to China since his 2017 state visit during his initial term. The summit would occur approximately five months after both leaders convened in Busan, South Korea, where they negotiated a temporary ceasefire in the trade conflict that had previously escalated with reciprocal tariffs exceeding triple-digit percentages.

Current trade frictions persist as complicating factors, with China’s Commerce Ministry recently criticizing the Trump administration’s new trade investigation targeting 16 nations, including China. This probe, initiated following a Supreme Court decision invalidating previous global tariffs, potentially establishes legal groundwork for future trade restrictions.

Regional security concerns, particularly regarding the Strait of Hormuz, may additionally feature in discussions. President Trump has publicly solicited international naval support from China and other nations to ensure safe passage through the critical oil transport corridor amid heightened Middle Eastern tensions.

Economic analysts observe that the Paris dialogue represents perhaps the most significant bilateral engagement preceding the potential Xi-Trump summit. Gary Ng, Senior Economist at Natixis Bank, noted that managing policy inconsistencies remains Beijing’s primary concern, emphasizing the challenge of establishing reliable frameworks amid fluctuating U.S. trade positions.

The diplomatic atmosphere appears cautiously optimistic, with Chinese Foreign Minister Wang Yi recently characterizing 2026 as a potentially landmark year for Sino-American relations, while acknowledging that high-level exchanges remain under active consideration.