China and US trade officials are negotiating in London

Tangman photo Gets the image

On Monday, Monday, US President Donald Trump meets with Chinese colleagues in London for negotiations aimed at resolving a permanent trade dispute between the world’s largest economies.

US Treasury Minister Scott Severse, Secretary of Trade Howard Lutno and Trade Representative Jamison Grir represent US

Chinese Foreign Ministry said on Saturday This Deputy Prime Minister of He Lifeng, a leading trade negotiator in Beijing, will be in the UK from June 8-13, and that a meeting “Chinese-American Economic and Trade Mechanism” will be held.

Negotiations go after last week Trump said this He held a long phone call with Chinese President Xi Jinping How they both look to avoid a full -fledged trade war.

Diplomatic efforts on both sides increased after weeks of increased trade tensions and uncertainty after Trump announced broad imports in China and other trading partners in April.

Beijing avenged, and escalation on the tit in duties before both sides agreed in Geneva in May temporarily reduced duties and promote negotiations. At the time, the US tariff for Chinese imports was reduced from 145% to 30%, while the US import levies were reduced from 125% to 10%.

China and the United States have repeatedly accused each other of violating the Geneva Agreement, and Washington said Beijing slowly approved exports of additional critical minerals to the US, while China has criticized new students’ new restrictions on Chinese visas and additional export restrictions.

US press secretary Carolina Levita said on Sunday that London talks would focus on promoting the Geneva Agreement, noting that the strategic interests of the two sides in each other’s markets.

Source link