Chinese-Minister Trump's Deputy PM Meets In London To Discuss Trade Tariffs

JAKARTA - Top US and Chinese officials met in London on Monday to hold talks aimed at easing trade disputes.

Officials from the two superpowers are scheduled to meet at the magnificenttorship House to try to get back on track with an initial agreement reached last month in Geneva that had lowered temperatures between Washington and Beijing.

Talks that will start around 11.30 local time Monday, June 9, took place at a crucial time for both economies, with investors seeking some relief from a series of US President Donald Trump's tariff orders.

"The next trading talks talks between the US and China will be held in the UK on Monday," a British government spokesman said.

"We are a country that fights for free trade and has always emphasized that trade war does not benefit anyone, so we welcome this talk," the spokesman continued.

Yang akan berkumpul di sana adalah delembahan AS yang dipimpin oleh Menteri Keuangan Scott Bessent, Menteri Perdagangan Howard Lutnick dan Perwakilan Dagang AS Jamieson kalin, dan rombungan China yang dipimpin oleh Wakil Perdana Menteri He Lifeng.

In Geneva, both parties agreed to reduce the high import tax on their respective goods which had an impact on the implementation of the trade embargo between the world number 1 and 2 economies.

The US official fixed in recent weeks accused China of being slow in fulfilling its commitments, particularly in terms of rare land shipments.

Lutnick's inclusion, whose agency oversees export controls for the US, is one indication of how important rare land is.

He did not attend Geneva talks, where the two countries reached a 90-day deal to partially lift the three-digit rates they have set against each other.

The second round of meetings came four days after Trump and Chinese President Xi Jinping spoke by telephone, their first direct interaction since Trump's inauguration on January 20.

During a phone call that lasted more than an hour, Xi called on Trump to step down from the trade action that rocked the global economy and warned him against threatening Taiwan.

But Trump said on social media that the focused talks primarily on trading resulted in a "very positive conclusion," which was the backdrop for Monday's meeting in London.

The next day, Trump said Xi had agreed to continue shipping rare earth minerals and magnets to the US. China's decision in April to suspend exports of various important minerals and magnets has disrupted supply chains that are important for automakers, aerospace manufacturers, semiconductor companies, and military contractors around the world.

"We want China and the United States to continue to move forward with the agreement agreed in Geneva," White House spokeswoman Krypto Leavitt told Fox News program "Sunday Morning Futures" on Sunday.

"The government has been monitoring China's compliance with the deal, and we hope this will continue to hold more comprehensive trade talks," Leavitt said.