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> Economy

“I’m getting good reports” says Trump on second round of US-China trade talks in London

"We are doing well with China. China is not easy," Trump said - Representatives of the two sides will meet again today in the British capital

Newsroom June 10 02:33

 

The trade talks between the US and China will resume for a second day, according to a US official, as the two sides seek to ease tensions over technology and rare earth transfers.

Representatives from both countries wrapped up the first day of negotiations in London after more than six hours at Lancaster House, a 19th-century mansion near Buckingham Palace. The talks concluded around 8 p.m. London time. The advisers will meet again at 10 a.m. Tuesday in the British capital, the official said.

“We are getting along well with China. China is not easy,” Trump told reporters at the White House on Monday. “I’m getting nothing but good reports.”

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The U.S. delegation was led by Treasury Secretary Scott Bessend, with Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamison Greer. The presence of Lutnick, the former CEO of Cantor Fitzgerald, underscored the importance of export controls in these discussions.

Besed told reporters in London that they had a “good meeting” and Lutnick called the discussions “fruitful.”

The Chinese delegation was led by Vice Premier He Lifeng, who left without commenting to the media. With him were Commerce Minister Wang Wandao and his deputy Li Chengang, the country’s trade representative.

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