Washington, April 18: The United States is striving to establish a balanced and controlled trade relationship with China. U.S. Trade Representative Jamison Greer informed lawmakers that Washington aims to reduce its dependence on Beijing while avoiding escalating tensions between the two economic powers.
Speaking before a congressional committee, Greer noted that the tariff policies from the Trump administration have begun to change trade dynamics, particularly with China, which remains crucial for the U.S. economy and national security.
He stated, “The U.S. goods trade deficit has decreased by 24 percent… and specifically with China, it has dropped by over 30 percent, indicating we are gradually reducing our reliance on them.”
Greer emphasized that the government’s goal is to create a trade system that is balanced and equitable for both sides.
“We seek an outcome that leads to balanced trade with China and a managed trade relationship… to prevent sudden difficulties, reduce tensions, and ensure that trade relations benefit Americans,” he added.
He clarified that the U.S. will maintain pressure on China, particularly regarding market access and purchasing issues. The U.S. wants China to buy more goods from America, such as agricultural products, aircraft, and medical devices.
Additionally, the U.S. aims to ensure a steady supply of essential items, such as rare earth minerals, on which much of the world heavily relies on China.
Greer remarked, “We want to ensure that we continue to receive rare earth minerals, which a significant portion of the world depends on.”
During the hearing, concerns were raised about China’s role in supplying precursor chemicals used to manufacture fentanyl. Greer stated that the U.S. has used tariffs as a tool to pressure Beijing to halt these exports, and he mentioned that this issue is regularly addressed in bilateral discussions.
He noted, “Whenever we talk to China… we tell them to control not just fentanyl but also the related chemicals.” He acknowledged some progress in this area but emphasized that much work remains.
This issue is expected to be discussed soon in upcoming talks between Donald Trump and Chinese President Xi Jinping. According to Greer, the aim of these discussions is to maintain stability in relations and advance U.S. interests.
Lawmakers from both parties recognized the significant role of China in U.S. trade policy. Republican leaders supported this policy, asserting that it has strengthened domestic manufacturing and reduced dependence on China.
Conversely, Democratic leaders warned that tariffs have imposed higher costs on American consumers and businesses, increasing uncertainty in the global market. They also questioned whether this strategy has genuinely led to job creation and industrial growth.
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