"US and China Establish New Economic Working Groups to Ease Tensions"

The United States and China have agreed to establish new economic and financial working groups to facilitate regular meetings and discussions on policy and information exchange, aiming to improve communication and stabilize their strained relationship. The working groups will address major economic disagreements, including tariffs, technology controls, and investment restrictions. This move marks a revival of a decades-long approach to bilateral relations that was dismantled under former President Donald J. Trump, and it signals a renewed effort to promote cooperation and address concerns between the two countries.