US-China Trade Talks Heat Up in London After Trump’s Critical Call with Xi

High-level talks between the U.S. and China are happening in London to address ongoing trade tensions that are impacting the global economy. The Chinese team, led by Vice Premier He Lifeng, is meeting with U.S. officials, including Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent.

These discussions come after a recent agreement in Geneva to pause most tariffs, offering a temporary break in their trade war. The U.S. and China had originally imposed over 100% tariffs on each other, leading to worries about a recession. Notably, data from China revealed a striking 35% drop in exports to the U.S. in May compared to last year.

Despite the brief respite, tensions have surfaced again, particularly over advanced semiconductors crucial for AI, essential materials like rare earths used in various industries, and visa issues affecting Chinese students in the U.S.

President Trump’s recent phone call with Chinese leader Xi Jinping aimed to ease these tensions and announced that the trade discussions would continue in London. The U.K. is facilitating the meeting, expressing support for free trade and stressing that a trade war benefits no one.

Trade experts emphasize that the outcome of these talks could significantly impact both economies. According to the World Bank, trade tensions not only affect international markets but can also disrupt supply chains and lead to higher prices for consumers. With both nations being the largest economies globally, their decisions reverberate far beyond their borders.

A recent survey by the Pew Research Center highlights public concern over these trade conflicts, showing that many Americans and Chinese believe a resolution is essential for economic stability. Social media reflects this sentiment, with hashtags like #TradeTalks trending as citizens express hopes for a positive outcome.

As the world watches, the stakes remain high. The next steps from these London negotiations could reshape future trade relations and economic landscapes for years to come.

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Donald Trump, China, London, Scott Bessent, United Kingdom, Xi Jinping, Howard Lutnick, China government, International trade, General news, International News, Asia Pacific, Tariffs and global trade, Business, Race and ethnicity, Politics, United Kingdom government, World news, Rachel Reeves, Washington news, Business ownership