The U.S. and China are holding a 2nd time of talks successful London aimed astatine easing their commercialized dispute
ByJILL LAWLESS Associated Press
LONDON -- The U.S. and China are holding a second time of talks Tuesday successful London aimed astatine easing their trade dispute, aft President Donald Trump said China is “not easy” but the U.S. was “doing well” astatine the negotiations.
A Chinese delegation led by Vice Premier He Lifeng met U.S. Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer for respective hours connected Monday astatine Lancaster House, an ornate 200-year-old mansion adjacent Buckingham Palace.
Wang Wentao, China’s commerce minister, and commercialized negotiator Li Chenggang are besides successful Beijing’s delegation.
Asked precocious Monday however the negotiations were going, Trump told reporters: “We are doing good with China. China’s not easy.”
The 2 sides are trying to physique connected negotiations in Geneva past month that agreed to a 90-day suspension of astir of the 100%-plus tariffs they had imposed connected each different successful an escalating commercialized warfare that had sparked fears of recession.
Since the Geneva talks, the U.S. and China person exchanged aggravated words implicit precocious semiconductors that powerfulness artificial intelligence, visas for Chinese students astatine American universities and ” rare earth ” minerals that are captious to carmakers and different industries.
Trump spoke astatine length with Chinese person Xi Jinping by telephone past Thursday successful an effort to enactment relations backmost connected track. Trump announced connected societal media the pursuing time that the commercialized talks would resume successful London.
China, the world's biggest shaper of uncommon earths, has signaled it whitethorn easiness export restrictions it placed connected the elements successful April, alarming automakers astir the satellite who trust connected them. Beijing, successful turn, wants the U.S. to assistance restrictions connected Chinese entree to the exertion utilized to marque precocious semiconductors.
Trump said that helium wants to “open up China,” the world’s ascendant manufacturer, to U.S. products.
“If we don’t unfastened up China, possibly we won’t bash anything,” Trump said astatine the White House. “But we privation to unfastened up China.”
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Associated Press writer Josh Boak successful Washington contributed to this story.