Trade talks between US and Chinese delegations begin in London

Trade talks between US and Chinese delegations begin in London

High-level delegations from the United States and China are meeting in London today to attempt to resolve a long-standing trade dispute that has significantly impacted the global economy. The talks come amid ongoing tensions and accusations of breaches in a temporary truce that was agreed upon in Geneva last month.

The U.S. delegation, led by Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer, will meet with a Chinese contingent headed by Vice Premier He Lifeng. The meeting is expected to last at least a day and will focus on moving forward with the Geneva agreement, which temporarily lowered tariffs and facilitated trade talks [3].

The talks follow a phone conversation between U.S. President Donald Trump and Chinese leader Xi Jinping last week, which Trump described as a "very good talk" [2]. The conversation led to the announcement of the London meeting. Despite the positive tone, both sides have accused each other of violating the Geneva agreement, with the U.S. accusing China of slow-walking on rare earth exports and China criticizing the U.S. for imposing new restrictions on Chinese student visas and additional export restrictions on chips [4].

The U.K. government is providing the venue and logistics for the talks but is not involved in the discussions. The British government has stated that it welcomes these talks, emphasizing its support for free trade and its stance against a trade war [1].

The London meeting is a critical step in the ongoing trade negotiations between the two superpowers. The successful resolution of the trade dispute could have significant implications for global markets, potentially leading to increased trade and investment between the U.S. and China.

References:
[1] https://apnews.com/article/us-china-trade-talks-london-e9e87d76a81a5e51294368308d5af47d
[2] https://www.bbc.com/news/articles/cql2x6d2zkgo
[3] https://www.cnbc.com/2025/06/09/china-and-us-trade-officials-to-hold-talks-in-london-.html
[4] https://www.usatoday.com/story/news/politics/2025/06/09/us-china-trade-talks-london/84110675007/