#USChinaTradeTalks The United States and China agreed to **temporarily suspend 24 percentage points** of reciprocal tariffs for 90 days, maintaining tariffs at 10%, and eliminated the additional duties imposed in early April 2025. China also committed to suspending non-tariff countermeasures.

New negotiations began on **June 9** in London, with the meeting of U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer, along with Vice Premier He Lifeng, China's chief negotiator. These negotiations follow those in May in Geneva, where both parties emphasized **cooperation in fentanyl control** and addressing non-tariff barriers.

The talks aim to establish a **sustainable trade relationship** through ongoing discussions, with future meetings alternating between countries. Markets reacted cautiously, with a slight decline in Treasury bond yields ahead of the talks in London.