China-US trade dialogue "should set us up for a better, longer-term trade relationship," Sean Stein, president of the US-China Business Council, said in an exclusive interview with China Perspective. Stein said he hopes that future trade talks can move beyond tariffs, tax rates and export controls to explore how the two economies can cooperate more effectively — enabling companies from both countries to better compete and operate in each other's markets.

"The United States and China are the world's two largest, most technologically advanced and most dynamic economies. There are a lot of things that we need to get right on the economic front," he said on the sidelines of the 2025 Bund Summit in Shanghai.