London to host renewed US‑China trade discussions on Monday
Reuters reports that three American diplomats will meet with Chinese diplomats on Monday in London for talks concernign the tariffs. The discussion will aim to resolve a trade dispute between two economic superpowers.
"I am pleased to announce that Secretary of the Treasury Scott Bessent, Secretary of Commerce Howard Lutnick, and United States Trade Representative, Ambassador Jamieson Greer, will be meeting in London on Monday, June 9, 2025, with Representatives of China, with reference to the Trade Deal. The meeting should go very well. Thank you for your attention to this matter," wrote President Trump on Truth Social on June 6th. The message appeared after a conversation President Trump held with Xi Jinping.
The talk between the leaders was considered to "ease the tension" between the two countries. Moreover, the trade agreement between China and the US in Geneva also shed a new light on the possible positive outcome of the anticipated meeting. However, later, President Trump accused China of blocking the export of rare earths.
The New York Times reports that Chinese Vice Premier He Lifeng will lead Chinese representation. Analysts predict that China’s drive to lessen its reliance on foreign powers—especially the United States—combined with Donald Trump’s unpredictable trade tactics, is likely to complicate efforts by the world’s two largest economies to reach a broad agreement, particularly on core issues concerning the structure of China’s economic system.
China-US trade tension
Scott Kennedy, a senior adviser at the Centre for Strategic and International Studies in Washington, stated, as quoted by the NYT, that "we are seeing what U.S.-China trade competition looks like when it’s unmoored from any principles." He added, "the U.S. is not trying to defend the rules-based order. It’s not trying to defend market economies from Chinese misbehaviour. It’s just simply trying to cut a deal that’s in the short-term self-interest of the American leader."
Reuters evaluates that China and the US face mounting pressure to ease tensions, as concerns grow over China’s dominance in rare earth mineral exports and broader investor unease over Donald Trump’s sweeping tariff plans targeting many of America’s key trading partners.
Source: Reuters, The New York Times, CNN
