#USChinaTradeTalks
Commercial talks between the United States and China are set to resume in London today, with senior officials from both countries meeting to discuss the current trade tensions 1 2 3. The discussions come after a temporary truce was reached in May, reducing tariffs and easing restrictions on critical mineral exports 1.
However, both sides have accused each other of violating the agreement, particularly regarding rare earth exports.
The U.S. delegation, led by Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer, will meet with Chinese Vice Premier He Lifeng 1
2. The talks follow a phone conversation between President Donald Trump and President Xi, where Xi urged the United States to withdraw negative trade measures.