Trade War: US-China business talks in London next week; Trump says ‘The meeting should run very well’
President Donald Trump announced on Friday that US Treasury Secretary Scott Bassant, Commerce Secretary Howard Lutnik and US Trade Representative Jaimison Greer were ready to meet officials in London on Monday, the announcement by President Donald Trump on Friday.The President wrote on Truth social on Friday afternoon, “The meeting should be very well.” “Thank you for your attention to this matter!”
Trump’s post Truth on social
Trump on Thursday revealed the planned trade discussions after a comprehensive telephonic conversation with Chinese President Xi Jinping.This scheduling update emerged amidst the ongoing tension between the US and China, as the two nations navigate through an important trade dispute affecting their economies.Two countries, whose joint goods trade reached $ 582 billion last year, recently reduced the most mutual tariffs after successful trade talks in Geneva, Switzerland in Switzerland last month.However, China has since expressed concern about American functions that have reduced progress.Beijing raised a voice against the advisor of the US Department of Commerce against using Chinese semiconductor. Additionally, China criticized the Trump administration’s decision to cancel some Chinese students in the USIn contrast, the Trump administration claims that Beijing is delaying its Geneva commitment to authorize additional rare earth mineral exports to the United States.After Thursday’s conversation with Xi, Trump said, “Now there should be no question respecting the complexity of rare earth products.” No more clarification was provided.
