Treasury Secretary Scott Bessent urged China on Friday to fully and immediately carry out the commitments it made in Busan, according to a readout from the U.S. Department of the Treasury.
Bessent and United States Trade Representative Jameison Greer spoke with Vice Premier He Lifeng of the People’s Republic of China. The Treasury Department said the call covered the economic relationship between the two countries and how the Busan arrangement is being put into effect. The two sides also reaffirmed the value of keeping up direct and candid communication, the department said.
According to the readout, Bessent raised concerns about recent Chinese actions. He said that continued progress depends on concrete results. He also said the United States will closely assess how China implements the arrangement.
The readout did not say what the Chinese actions were. It also did not describe the commitments made in Busan, give a timeline for carrying them out, or say what the United States might do if it is not satisfied with China’s implementation.
The Treasury Department did not say where the officials were when they spoke, how long the call lasted, or whether another call or meeting is planned. The readout did not include any account of what He Lifeng said during the call.
The readout is a short summary from the U.S. side. It names the Busan arrangement but does not explain it. Details of the agreement are not included in the document.
The Treasury Department said Bessent also restated the Trump administration’s commitment to trade and economic policies that it says help American workers, farmers and businesses, and that bolster the country’s economic and national security.