Trade battle: US-China trade talks in London next week; Trump says ‘assembly should go very effectively’

US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and US Trade Representative Jamieson Greer are all set to satisfy officers in London on Monday for trade negotiations, President Donald Trump introduced on Friday.“The meeting should go very well,” the president wrote on Truth Social on Friday afternoon. “Thank you for your attention to this matter!”

Trump’s publish on Truth Social

Trump disclosed the deliberate trade discussions following an intensive telephonic dialog with Chinese President Xi Jinping on Thursday.This scheduling replace emerged amid ongoing tensions between the US and China, as each nations navigate by a big trade dispute affecting their economies.The two nations, whose mixed items trade reached $582 billion final yr, just lately decreased most reciprocal tariffs after profitable trade negotiations in Geneva, Switzerland, final month.However, China has since expressed issues about American actions undermining the progress.Beijing voiced opposition to the US Commerce Department’s advisory in opposition to utilizing Chinese semiconductors. Additionally, China criticised the Trump administration’s choice to cancel sure Chinese college students’ visas in the USConversely, the Trump administration claims Beijing is delaying its Geneva dedication to authorise extra uncommon earth mineral exports to the United States.Following Thursday’s dialog with Xi, Trump acknowledged, “There should no longer be any questions respecting the complexity of Rare Earth products.” No additional clarification was offered.