|
A
Chinese delegation led by Vice Premier He Lifeng is due to meet
U.S. Commerce Secretary Howard Lutnick, Treasury Secretary Scott
Bessent and Trade Representative Jamieson Greer at an
undisclosed location in the city.
The talks are due to last at least a day.
They follow negotiations in Geneva last month that brought a
temporary respite in the trade war. The two countries announced
May 12 they had agreed to a 90-day suspension of most of the
100%-plus tariffs they had imposed on each other in an
escalating trade war that had sparked fears of recession.
Since then, the U.S. and China have exchanged angry words over
advanced semiconductors that power artificial intelligence,
“rare earths” that are vital to carmakers and other industries,
and visas for Chinese students at American universities.
President Donald Trump spoke at length with Chinese leader Xi
Jinping by phone last Thursday in an attempt to put relations
back on track. Trump announced on social media the next day that
trade talks would be held on Monday in London.
The U.K. government says it is providing the venue and logistics
but is not involved in the talks.
“We are a nation that champions free trade and have always been
clear that a trade war is in nobody’s interests, so we welcome
these talks,” the British government said in a statement.
All contents © copyright 2025 Associated Press. All rights reserved
|
|
