US, China hold trade talks in London
A Chinese delegation led by Vice Premier He Lifeng was due to hold talks with U.S. Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer at a U.K. government building
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A Chinese delegation led by Vice Premier He Lifeng was due to hold talks with U.S. Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer at a U.K. government building
READ MORE : http://www.africanews.com/2025/06/09/us-china-hold-trade-talks-in-london
Subscribe on our Dailymotion channel and receive all the latest news from the continent.
Africanews is available in English and French.
Website : www.africanews.com
Facebook : https://www.facebook.com/africanews.channel/
Twitter : https://twitter.com/africanews
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NewsTranscript
00:00A Chinese delegation led by Vice Premier Hailey Fang was due to hold talks with U.S. Commerce Secretary Howard Lutnick, Treasury Secretary Scott Besant, and Trade Representative Jameson Greer at a U.K. government building Monday.
00:16The talks, which are expected to last at least a day, follow negotiations in Geneva last month that brought a temporary respite in the trade war.
00:24The two countries announced May 12 they had agreed to a 90-day suspension of most of the 100%-plus tariffs they had imposed on each other in an escalating trade war that had sparked fears of recession.
00:37The U.S. and China are the world's biggest and second-biggest economies, respectively.
00:43Chinese trade data shows that exports to the U.S. fell 35% in May from a year earlier.
00:49The U.S. president and his Chinese counterpart held a phone conversation last week.