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Senior trading officials at US President Donald Trump are meeting with their Chinese counterparts in London on Monday for talks aimed at resolving a continuous trade dispute between the world’s largest economists.
US Treasury Secretary Scott Beesen, Trade Minister Howard Lottenic, and Trade Representative, Jameson Jarir, represents the United States
Chinese Ministry of Foreign Affairs He said on Saturday This is the Deputy Prime Minister is Living, the main commercial negotiator in Beijing, will be in the United Kingdom from June 8 to 13, and that a meeting of the economic and commercial consultation mechanism in China and the United States “will happen.
The talks come after Trump said last week that He had made a lengthy phone call with Chinese President Xi Jinping Both are also looking to avoid a complete commercial war.
Diplomatic efforts by both sides increased after weeks of increasing trade tension and uncertainty after Trump announced the tariff for importing in China and other commercial partners in April.
Beijing took revenge, and the escalation of the dream in the duties that followed before the agreement of both sides in Geneva in May to temporarily reduce duties and facilitate talks. At that time, the US tariff for Chinese imports was reduced from 145 % to 30 %, while Chinese fees on American imports were reduced from 125 % to 10 %.
China and the United States since then have accused each other over and over again of violating the Geneva Agreement, as Washington says Beijing has been slow to agree to the export of additional critical metals to the United States, while China has criticized the United States imposing new restrictions on Chinese student visas and additional export restrictions on chips.
The US press secretary Caroline Levitte said on Sunday that the London talks will focus on moving forward in the Geneva Agreement, noting the strategic interests of the two sides in each other’s markets.
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