Trump and Xi meet as US-China trade commitments show uneven progress

The U.S. and China have made uneven progress on trade commitments made in May, as President Donald Trump and Chinese leader Xi Jinping meet in Washington this week, with analysts expecting modest results rather than major breakthroughs. The two leaders agreed on a framework of "constructive strategic stability" in May, and discussions now focus on launching a Board of Trade and reciprocal tariff reductions on $30 billion of goods in each direction. Analysts expect an announcement, though possibly falling short of that amount, with product categories including consumer goods, energy, and medical devices. China's agricultural purchases may fall short of the $17 billion annual commitment announced in May, though the meeting's symbolic value is seen as significant. U.S. Trade Representative Jamieson Greer said talks on Sunday included consumer and agricultural goods, energy products, and medical devices.