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The administration is working to flesh out a proposal for a new trade body that the president and Chinese leader Xi Jinping agreed to earlier this month.
President Donald Trump, left, stands with Chinese President Xi Jinping at the Temple of Heaven on May 14, 2026, in Beijing. | Mark Schiefelbein/AP
President Donald Trump says he wants to create a new “board of trade” to manage commerce with China. Business groups aren’t sure exactly how it would work, but they know they want to get in on the action.
K Street lobbyists are growing increasingly optimistic that the administration’s vague proposal for a body to oversee trade with China, an idea first teased by U.S. Trade Representative Jamieson Greer in March, could evolve into a major channel for tariff relief between the world’s two largest economies.
