U.S. and China Moving Toward Joint Trade and Investment Boards, Rubio Says

Secretary of State Rubio said in July 2026 that the U.S. and China are moving toward establishing trade and investment boards ahead of a visit by President Xi Jinping. The proposed boards would create a standing bilateral economic channel — a shift from the tariff-centric approach that has defined U.S.-China relations under Trump. Their scope remains undefined.