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More US-China trade talks coming on Monday, says Trump

Purton L by Purton L
6 June 2025
in Business, News
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More US-China trade talks coming on Monday, says Trump
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US leader Donald Trump on announced on Friday a new round of trade talks with China in London next week, a day after calling President Xi Jinping in a bid to end a bitter battle over tariffs.

The talks in the British capital on Monday will mark the second round of such negotiations between the world’s two biggest economies since Trump launched his trade war this year.

“The meeting should go very well,” said Trump in a post on his Truth Social platform.

He added that US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer will represent Washington in the talks, but provided no more details.

It was not immediately clear who would represent China. The Chinese embassy in Washington did not immediately respond to a request for comment.

The first talks between Washington and Beijing since Trump slapped levies on allies and adversaries alike took place in Geneva last month.

While Trump had imposed a sweeping 10 percent duty on imports from most trading partners, rates on Chinese goods rocketed as both countries engaged in an escalating tariffs battle.

In April, additional US tariffs on many Chinese products hit 145 percent while China hit back with countermeasures of 125 percent.

Following the talks last month, both sides agreed to temporarily bring down the levels, with US tariffs cooling to 30 percent and China’s levies at 10 percent, but this temporary halt is expected to expire in early August. (Agencies)

Tags: BusinessFinance
Purton L

Purton L

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