贸易谈判

Trump: The China-U.S. delegations will meet in London on June 9, looking forward to seeking positive progress

U.S. President Trump announced on his social media platform Truth Social that U.S. Treasury Secretary Scott Basset, Commerce Secretary Howard Lutnick, and U.S. Trade Representative Jamison Greer will hold economic and trade talks with Chinese representatives in London on June 9.

The purpose of this meeting is to negotiate a trade agreement to promote further development of China-U.S. economic and trade relations. Trump mentioned in his post that he believes the talks will go smoothly and expressed optimism about this progress.

It is noteworthy that this meeting is a further confirmation of economic and trade consultations between China and the U.S. following the Geneva economic and trade talks in May, indicating that communication between the two sides in the economic and trade field is continuing to deepen.

The backdrop of this meeting is the recent complex situation in China-U.S. economic and trade relations. Previously, the two sides reached several consensuses in Geneva, including the suspension of the implementation of certain tariffs and reaching partial agreements on non-tariff countermeasures. However, there are still differences between the two sides regarding issues such as rare earth export controls and chip export restrictions.

The Chinese side emphasized that rare earth export controls are based on international practices and not unilateral restrictions targeting the U.S., and has issued temporary export licenses for rare earths to the three major American automotive manufacturers. The U.S. side, however, has questioned the Chinese side's implementation, believing that China has delayed the fulfillment of the agreement.

Additionally, the new round of chip control measures introduced by the U.S. after the Geneva talks has also caused strong dissatisfaction from the Chinese side. These backgrounds have made the London talks highly anticipated, seen as an important opportunity for both sides to resolve differences and further improve economic and trade relations.

Overall, the London talks announced by Trump not only reflect the ongoing interaction between China and the U.S. in the economic and trade field but also demonstrate both sides' emphasis on stabilizing bilateral relations.

However, whether the talks can achieve substantial progress still requires attention to the negotiation results on specific topics. The outcome of this meeting may have significant implications for China-U.S. economic and trade relations and even the global economic landscape.

What substantial progress do you think this meeting can achieve? What impact will the meeting results have on the stock market and the cryptocurrency market?

#中美贸易会晤 #特朗普 #贸易谈判