The United States and China to receive the second shot to avoid the trade war in the London talks Trade War News

Various definition delegations are expected to discuss in an attempt to avoid trade war between the world’s largest economists.

High -level delegations from the United States and China To meet in London In an attempt to save the fragile tariff deal and avoid a possible trade war, it has already led to the movement of the global economy and raised fears of stagnation.

On Monday, the meeting will follow negotiations in Geneva last month, which led to a temporary rest period in the trade war between the largest economists in the world. However, the agreement to suspend most of the tariffs of more than 100 percent has been imposed by each on the last 90 days, which was followed by the criticisms made by the two sides.

US Treasury Secretary Scott Beesen, Trade Secretary Howard Lootnick and Trade Representative Jameson Jarir, will meet with a Chinese delegation led by Deputy Prime Minister in a place that has not been revealed in the British capital.

“The meeting should go very well,” said US President Donald Trump, who announced the talks on Friday after a phone call with Chinese leader Xi Jinping on social media.

“We want China and the United States to continue moving forward with the agreement struck in Geneva,” said White House press secretary Caroline Levitte on Sunday.

While the government of UK Prime Minister Kiir Starmer repeated that he had not participated in the talks in London, a spokesman for “a trade war in an interest no one, so we welcome these talks.”

The meeting comes only a few days Trump and Shi The first publicly recognized phone call was made since the Republican returned to the White House in January.

Trump said on Thursday’s call had reached a “very positive conclusion.” The US President had previously accused China Violation of the Geneva deal She described “it is difficult to make a deal with it.”

“Correcting the path of the large ship of Chinese relations and the United States requires us to go well and adjust the direction,” Xi said by Xinhua news agency said.

This confirms the impact of the trade war, the customs data released on Monday showed that Chinese exports to the United States fell by 34.5 percent on an annual basis in May, a sharp decrease since the outbreak of Covid-19 erupted.

However, the stock markets in Asia, including China, rose on Monday before the new round of the talks.