President Donald Trump has announced that high-level trade negotiations between the United States and China will resume on Monday, June 9, in London. This development follows a 90-minute phone call between Trump and Chinese President Xi Jinping, marking their first direct conversation since Trump’s return to office in January.
In a post on his social media platform, Truth Social, Trump stated, “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 … .”
The upcoming talks aim to address ongoing disputes over tariffs, export controls, and access to critical minerals, particularly rare earth elements essential for various industries. In May, both nations agreed to a temporary reduction in tariffs—down to 30% for the U.S. and 10% for China—to facilitate further negotiations.
Despite this truce, tensions have persisted. The U.S. has accused China of maintaining export restrictions on rare earth minerals, while China has criticized U.S. limitations on technology exports and student visas . During their recent call, Xi emphasized the importance of “enhancing consensus” and “reducing misunderstanding” between the two countries.
The London meeting represents a critical opportunity for both nations to resolve these issues and stabilize their economic relationship. Observers will be closely monitoring the outcomes, as the talks have significant implications for global markets and supply chains.
