This story has rotated off the live feed but the permalink stays available for sharing and search.

news Scmp World 2026-05-16

China and US Establish Trade and Investment Councils Post-Summit

Following a summit, China and the US have agreed to create trade and investment councils, intending to reciprocally reduce tariffs on specific products. Progress was also made in agricultural and aircraft trade.

Support Your Local Toad

The Pesky Toad is free and ad-light. If you find it useful, toss a few pesos in the tip jar to help keep the servers running and the satire flowing.

$

MXN · Minimum $10