Summary of Trade Talks Between the US and China
Senior US officials will engage in trade talks with a Chinese delegation in London, as announced by President Trump, following a “very positive” phone call with Chinese leader Xi Jinping. The US representatives, including Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, will address ongoing tensions over tariffs and critical minerals, despite a temporary 90-day pause agreed on May 12 to avoid further retaliatory measures. This meeting is seen as a crucial step in resolving the trade impasse between the two nations.
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