LONDON: China and the United States began a new round of trade talks in London on Monday, Beijing’s state media reported, as the world’s two biggest economies seek to shore up a shaky truce after bruising tit-for-tat tariffs.
The two sides are meeting in the historic Lancaster House, run by the UK Foreign Office, following a first round of talks in Geneva last month. Chinese Vice Premier He Lifeng was again heading the team in London. Chinese state news agency Xinhua reported the start of the talks. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer are leading the US delegation, President Donald Trump said on Friday.
“The meeting should go very well,” Trump said on his Truth Social platform. His press secretary, Karoline Leavitt, told Fox News on Sunday: “We want China and the United States to continue moving forward with the agreement that was struck in Geneva.”