US Treasury Secretary Scott Bessent, commercial secretary Howard Lutnick, and the American trade representative Jamieson Greer are all ready to meet civil servants in London on Monday for commercial negotiations, President Donald Trump announced on Friday.“The meeting should go very well,” wrote the president on Truth Social on Friday afternoon. “Thank you for your attention for this issue!”
Trump’s post about truth social
Trump revealed the planned trading discussions after an extensive telephone conversation with Chinese President Xi Jinping on Thursday.This planned update emerged in the midst of continuous tensions between the US and China, because both countries navigate through a considerable commercial dispute that affects their economies.The two countries, whose combined goods trade reached $ 582 billion last year, recently reduced the most mutual rates after successful trade negotiations in Geneva, Switzerland, last month.However, China has since expressed concern about American actions that undermine the progress.Beijing expressed the opposition against the advice of the American trade department against the use of Chinese semiconductors. In addition, China criticized Trump’s decision to cancel the visa of certain Chinese students in the USConversely, the Trump government claims that Beijing postpones its use of Geneva to authorize extra rare Earth Mineral Exports to the United States.After Thursday’s conversation with Xi, Trump stated: “There should be no more questions regarding the complexity of rare earth products.” No further clarification was provided.
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