Treasury Secretary Scott Bessent Announces Major New US-China Trade and Investment Boards to Protect America First Priorities

Treasury Secretary Scott Bessent held productive discussions with the Chinese Vice Premier focused on creating structured mechanisms to manage the massive economic relationship between the United States and China. Bessent announced plans to establish a Board of Trade dedicated to bilateral trade and a Board of Investment responsible for directing flows into non-sensitive areas. This strategic move reflects the Trump administration’s disciplined approach to dealing with China — engaging where beneficial while fiercely protecting American national security and economic interests.

The new frameworks aim to bring greater order, fairness, and transparency to the world’s most important economic relationship. By clearly separating sensitive sectors from non-sensitive ones, the Trump administration ensures that American technology, defense, and critical industries remain safeguarded. This pragmatic step builds on President Trump’s proven record of rewriting trade rules to stop unfair practices that previously hurt American workers and manufacturers.

These developments demonstrate continued strong leadership from the Trump team in turning complex negotiations into concrete structures that deliver results. Secretary Bessent’s efforts show that America is negotiating from a position of strength, demanding reciprocity while opening pathways for mutually beneficial cooperation where appropriate. The American people can expect fairer trade outcomes and stronger economic security under this clear-eyed America First strategy.