US President Donald Trump announced a new round of commercial conversations with China next week in London, a day after having a phone call with his Chinese counterpart Xi Jinping to try to end the conflict over tariffs.
The appointment will mark the second round of negotiations between the two largest economies in the world since Trump launched its commercial war this year. “The meeting should do very well,” Trump said in a message on his social Truth platform.
The White House leader added that the US delegation will be headed by the secretary of the Department of Treasury, Scott Besent; The head of Commerce, Howard Lutnick and commercial representative Jamieson Greer.
Trump imposed a 10% general tariff on imports from most commercial partners, but the surfaces of Chinese goods fired in an escalation of both countries in the tariff struggle.
In April, additional US tariffs on many Chinese products reached 145%, while China responded with 125%countermeasures.
After last month’s conversations, both parties agreed to temporarily reduce the encumbrances: the United States dropped to 30% and those from China to 10%. Source: news
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