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High -level delegations of UNITED STATES And China meet in London on Monday to try to consolidate a fragile truce in a commercial dispute that slipped the world economy.
A Chinese delegation led by Deputy Prime Minister, He Lifeng, was to present himself with the American secretary to trade Howard Lutnick, the secretary of the Treasury Scott Bessent and the commercial representative Jamieson Greer in a building of the British government.
The talks, which should last at least one day, follow the negotiations in Geneva last month which brought a temporary respite to the trade war.
The two countries announced on May 12 that they had accepted a 90 -day suspension of most of the 100%. prices they had imposed In a commercial escalation which had aroused fears of recession.
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The United States and China are the largest and larger economies in the world. Chinese trade data shows that exports to the United States fell 35% in May compared to the previous year.
Since Geneva speaksThe United States and China have exchanged angry words against advanced semiconductors that feed artificial intelligence, “rare earths” that are vital for car manufacturers and other industries, and visas for Chinese students in American universities.
President Donald Trump spoke for a long time with the Chinese leader Xi Jinping by phone last Thursday to try to put relations on the right track. Trump announced on social networks the next day that commercial talks will resume in London.
The British government claims that it provides the place and logistics but is not involved in talks, although the head of the British Treasury Rachel Reeves met Bessent and Sunday.
“We are a nation that defends free trade and has always been clear that a trade war is in the interests of anyone, we therefore welcome these talks,” the British government said in a statement.
& Copy 2025 the Canadian press
