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Wednesday, 9 July 2025
Markets

Trump announces U.S.-China trade talks in London next week

Trump announces U.S.-China trade talks in London next week

Treasury Scott Besant’s US Secretary, US Trade Representative Jaimison Greer, Lee Chenggang, International Trade Representative of China and Vice President of Commerce and Chinese sub -Premier. He prepare to discuss during a bilateral meeting between the US and China on May 11, 2025.

Keston/EDA/Marshal Traizini | Via

Treasury Secretary Scott Settling And two other officials of the Trump administration will meet their Chinese counterparts in London on Monday. Business Dialogue Donald Trump Said.

Besant, who is leading the administration’s efforts to make a deal with Beijing, will be included by Commerce Secretary Howard Lootnik and American Trade Representative Jaimison Greer, said Trump.

“The meeting should go very well,” president Truth written on social On Friday afternoon. “Thank you for your attention to this matter!”

CNBC has approached the Chinese Embassy in Washington for more information about Trump’s announcement. A spokesman for the embassy did not immediately respond to the remarks request.

Trump had revealed for the first time that further trade talks were planned after organizing a long phone call with the Chinese President. Xi Jinping On Thursday.

The announcement of scheduling has been made when the United States and China have considered several issues between a weak trade war that threatens both economic superpowers.

Country – in whose goods the total trade is at the top $ 582 billion Last year – Last month, after bilateral trade talks in Geneva, Switzerland in Switzerland, temporarily reduced most tariffs on each other’s belongings.

But since then, China has repeatedly accused the US of reducing that progress.

Beijing protested after America Commerce department warned Chip industry against using Chinese semiconductors. China too Objection The recent announcement of the Trump administration to cancel the visa of some Chinese students studying in the US

Meanwhile, the Trump administration has accused BeiPing of slowing down a pledge in Geneva to approve the export of additional important minerals known as a rare earth to the United States.

Trump wrote after a call with Xi on Thursday, “Now there should be no question respecting the complexity of rare earth products.” He did not say what it means.

This is breaking news. Please fresh for update.

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