U.S. President Donald Trump announced on Friday via Truth Social that the United States and China will resume trade talks next week in London.
Senior officials from the U.S. gathered in London to discuss the next steps in the trade plan.
Trump stated that U.S. Treasury Secretary Scott Bessent will lead a delegation to meet with Chinese officials in London on Monday. Accompanying officials include Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer.
"This meeting should go very smoothly," Trump wrote in a post, "Thank you all for your attention to this matter!"
The Chinese Embassy in the United States has not yet commented on this.
High-level hotline paves the way, decision made after Xi-Chuan call.
In fact, Trump hinted that there would be follow-up trade talks between the two countries after a lengthy phone call with Chinese President Xi Jinping on Thursday. The arrangement of this meeting in London is a direct result of that call.
Despite a slight easing of tensions in U.S.-China relations following a temporary tax reduction agreement reached in Geneva last month, differences continue to widen. The total trade volume between the two sides reached $582 billion last year, but has now fallen back into a stalemate due to multiple policy frictions.
Beijing accused the US side of interfering with the progress of negotiations, especially expressing dissatisfaction with the warnings issued by the US Department of Commerce regarding China's chip industry. In addition, the Trump administration recently announced the cancellation of visas for some Chinese students, which also sparked strong protests from the Chinese side.
Rare earth controversy becomes the focus, bilateral cooperation faces new tests.
In addition to the disputes over chips and educational exchanges, the export of rare earth minerals is also one of the core issues of contention between the two sides. Although China had promised to increase rare earth exports during the negotiations in Geneva, the U.S. recently accused Beijing of "delaying the fulfillment of its commitments."
After the call with Xi Jinping, Trump also posted, saying: "There should be no more doubts about the complexity of rare earth products." However, he did not elaborate on the meaning of this statement, leading to more speculation from the outside.
Is the London negotiation a turning point? Various sectors are paying attention to the subsequent developments.
The London meeting is seen as a key moment where a breakthrough in the bilateral trade war may occur. Although past negotiations between the US and China have failed to fully resolve disputes, direct communication at a high level still leaves room for future cooperation.
The future development will depend on whether the meeting results can resolve the main disputes and lay the foundation for the two countries to restore stable trade relations.
This article discusses the resumption of trade negotiations between the US and China! Trump announces a meeting in London next week, reigniting hopes for negotiations. Originally appeared in Chain News ABMedia.
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The U.S. and China resume trade negotiations! Trump announces a meeting in London next week, reigniting hopes for negotiations.
U.S. President Donald Trump announced on Friday via Truth Social that the United States and China will resume trade talks next week in London.
Senior officials from the U.S. gathered in London to discuss the next steps in the trade plan.
Trump stated that U.S. Treasury Secretary Scott Bessent will lead a delegation to meet with Chinese officials in London on Monday. Accompanying officials include Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer.
"This meeting should go very smoothly," Trump wrote in a post, "Thank you all for your attention to this matter!"
The Chinese Embassy in the United States has not yet commented on this.
High-level hotline paves the way, decision made after Xi-Chuan call.
In fact, Trump hinted that there would be follow-up trade talks between the two countries after a lengthy phone call with Chinese President Xi Jinping on Thursday. The arrangement of this meeting in London is a direct result of that call.
Despite a slight easing of tensions in U.S.-China relations following a temporary tax reduction agreement reached in Geneva last month, differences continue to widen. The total trade volume between the two sides reached $582 billion last year, but has now fallen back into a stalemate due to multiple policy frictions.
Beijing accused the US side of interfering with the progress of negotiations, especially expressing dissatisfaction with the warnings issued by the US Department of Commerce regarding China's chip industry. In addition, the Trump administration recently announced the cancellation of visas for some Chinese students, which also sparked strong protests from the Chinese side.
Rare earth controversy becomes the focus, bilateral cooperation faces new tests.
In addition to the disputes over chips and educational exchanges, the export of rare earth minerals is also one of the core issues of contention between the two sides. Although China had promised to increase rare earth exports during the negotiations in Geneva, the U.S. recently accused Beijing of "delaying the fulfillment of its commitments."
After the call with Xi Jinping, Trump also posted, saying: "There should be no more doubts about the complexity of rare earth products." However, he did not elaborate on the meaning of this statement, leading to more speculation from the outside.
Is the London negotiation a turning point? Various sectors are paying attention to the subsequent developments.
The London meeting is seen as a key moment where a breakthrough in the bilateral trade war may occur. Although past negotiations between the US and China have failed to fully resolve disputes, direct communication at a high level still leaves room for future cooperation.
The future development will depend on whether the meeting results can resolve the main disputes and lay the foundation for the two countries to restore stable trade relations.
This article discusses the resumption of trade negotiations between the US and China! Trump announces a meeting in London next week, reigniting hopes for negotiations. Originally appeared in Chain News ABMedia.