U.S.China Trade Talks Resume in London Amid Tariff Rollback Discussions
The U.S. and China achieved a temporary 90day tariff reduction agreement in May, and on June 9, they will continue highlevel trade discussions in Lond
The U.S. and China achieved a temporary 90day tariff reduction agreement in May, and on June 9, they will continue highlevel trade discussions in London. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer will lead the U.S. delegation to China, where they will meet with Vice Premier He Lifeng to discuss supply chains for rare earth minerals, export controls, and tariff rollbacks. President Donald Trump and President Xi Jinping spoke over the phone for 90 minutes, during which Xi encouraged the United States to remove restrictions. Although both parties want to improve trade relations, outstanding problems like the trade in fentanyl and vital resource exports continue to be controversial.
Read More..
B2B Tech News | 2 months ago