Commerce battle: US-China commerce talks in London subsequent week; Trump says ‘assembly ought to go very properly’
US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and US Commerce Consultant Jamieson Greer are all set to fulfill officers in London on Monday for commerce negotiations, President Donald Trump introduced on Friday.“The assembly ought to go very properly,” the president wrote on Reality Social on Friday afternoon. “Thanks on your consideration to this matter!”
Trump’s publish on Reality Social
Trump disclosed the deliberate commerce discussions following an in depth telephonic dialog with Chinese language President Xi Jinping on Thursday.This scheduling replace emerged amid ongoing tensions between the US and China, as each nations navigate by way of a major commerce dispute affecting their economies.The 2 nations, whose mixed items commerce reached $582 billion final 12 months, not too long ago diminished most reciprocal tariffs after profitable commerce negotiations in Geneva, Switzerland, final month.Nonetheless, China has since expressed considerations about American actions undermining the progress.Beijing voiced opposition to the US Commerce Division’s advisory towards utilizing Chinese language semiconductors. Moreover, China criticised the Trump administration’s choice to cancel sure Chinese language college students’ visas within the USConversely, the Trump administration claims Beijing is delaying its Geneva dedication to authorise further uncommon earth mineral exports to the US.Following Thursday’s dialog with Xi, Trump acknowledged, “There ought to not be any questions respecting the complexity of Uncommon Earth merchandise.” No additional clarification was offered.
