According to CoinMeta, on November 13th, China and the United States held the first meeting of the Trade Council under the Sino-US Economic and Trade Consultation Mechanism via video conference. Guided by the important consensus reached during the summit between the leaders of the two countries, the parties engaged in candid, in-depth, and constructive discussions on implementing the outcomes of previous economic and trade consultations, including tariffs, reciprocal tax reductions of "30 billion for 30 billion," agricultural product trade, and other issues of mutual concern. Both sides will continue to strengthen communication through the Trade Council to address their respective economic and trade concerns, gradually expand the list of areas for cooperation, and narrow down the list of issues, with the aim of fostering a constructive, strategic, and stable relationship between China and the US based on respect, fairness, and reciprocity.