Trump announces second round of US trade talks with China next week

Teams volition effort to resoluteness tariffs warfare amid spats implicit China’s curbs connected uncommon minerals and US revocation of pupil visas.

United States President Donald Trump has announced a caller circular of commercialized talks with China successful an evident bid to dial down a bitter conflict implicit tariffs betwixt the world’s 2 biggest economies.

The president said connected societal media that the gathering would instrumentality spot successful London connected Monday, his announcement coming 1 time aft a uncommon leader-to-leader phone call with Chinese counterpart Xi Jinping appeared to calm rising tensions.

“The gathering should spell precise well,” said Trump successful a station connected his Truth Social platform, adding that Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer would conscionable the Chinese team.

The talks volition people the 2nd circular of negotiations betwixt the 2 countries since Trump launched his commercialized warfare this year, targeting China with levies of up to 145 percent. Beijing struck backmost with countermeasures of 125 percent.

Following talks successful Geneva past month, some sides agreed to temporarily bring down the triple-digit tariffs, with US tariffs cooling to 30 percent and China’s to 10 percent.

But the impermanent halt is expected to expire successful aboriginal August and Trump past week accused China of violating the pact, underscoring deeper differences connected some sides.

US officials person accused China of slow-walking export approvals of uncommon world minerals, which the state had constricted aft the tariff warfare broke out, triggering alarm among US companies.

Other US concerns see alleged fentanyl trafficking, the presumption of democratically governed Taiwan, and China’s state-dominated, export-driven economical model.

On Wednesday, Trump said connected Truth Social that Xi was “VERY TOUGH, AND EXTREMELY HARD TO MAKE A DEAL WITH”.

However, helium reported a “positive conclusion”, pursuing his long-awaited telephone telephone with Xi connected Thursday, which apt paved the mode for further high-level commercialized talks – though a swift solution to the tariffs impasse remains uncertain.

The Chinese overseas ministry said Xi asked Trump to “remove the antagonistic measures” that the US has taken against China, alluding to his administration’s determination to revoke the visas of Chinese students studying successful the US.