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US President Donald Trump’s top trade officer is meeting his Chinese counterparts in London on Monday to negotiate between two of the world’s largest economies.
US Treasury Secretary Scott Besant, Commerce Secretary Howard Lutenic and Business Representative Jaimison are representing America
China’s Foreign Ministry Said on Saturday That vice premiere he will be in the UK between Lifeng, the leading business negotiator of Beijing, and that there will be a meeting of the “China-US Economic and Trade Consulting Mantri”.
Last week, Trump said that the talks said that He made a long phone call with Chinese President Xi Jinping As both look to stop a fully developed business war.
Diplomatic efforts by the two sides after the announcement of Trump’s import tariff on China and other business partners in April has raised the ramp after weeks of trading stress and uncertainty after weeks of weeks.
Beijing retaliated, and a tight-for-tat growth in duties, both sides temporarily facilitated duties and facilitates dialogue before agreeing to Geneva in May. At that time, the US tariff on Chinese imports was cut from 145% to 30%, while China’s levy on US imports was reduced from 125% to 10%.
China and the United States have repeatedly accused each other of violating the Geneva Agreement, Washington said that Beijing was slow to approve the export of additional important minerals to the US, while China criticized the US for imposing additional export ban on new restrictions and chips on Chinese student visas.
US Press Secretary Karolin Lewit said on Sunday that the London talks would focus on proceeding with a Geneva Agreement, which takes into account the strategic interests of the two sides in each other markets.
