What is the US-China Trade and Investment Council? (legrandcontinent.eu)

• US-China Trade Council aims to manage product exchange during tensions.
• Advanced US chips remain off-limits.
• China pushes for an accompanying Investment Board.
• Council idea originated from a Paris meeting in March.
• EU faces potential negative impacts due to departure from free trade.

"The article explains the proposed Council on Trade and Investment between the US and China, which aims to define products for exchange even during tensions, excluding advanced chips from US side. China also proposes an Investment Board. The idea originated in March during a Paris meeting between US Trade Representative Jameson Greer, Treasury Secretary Scott Bessent, and Chinese Vice Premier He Lifeng. The EU may face significant consequences as this deviates from free trade principles."