President of the United States, Donald Trumpon Friday announced that the tariff meeting between representatives USA And Chinawho agreed with his Chinese colleague, Xi Jinpingnext Monday in London (Efe)
“Secretary of Finance, Scott DonantMinister of Trade, Howard Lutnikand commercial representative of the United States, ambassador Jamison HererThey will meet in London on Monday, June 9, 2025, with representatives of the chin, in connection with a trade agreement, ”he said in his social network, Social truthField
The leaders of both superpowers kept phone callWhat the American described how “Very positive”In which they were located to hold a meeting to work in a commercial pact after tension between both countries to tariffs.
The meeting must succeed.
This telephone exchange occurred after last week, the Republican accused the Asian giant, not reporting the details of violation of the bilateral agreement on tariff pauses reached in May after a meeting in Geneva, which served to facilitate tension between both countries.
Beijing later answered, claiming that it was Washington who violated the agreement when imposing Restrictions on new chips or cancellation of a visa Chinese students were announced last week.
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Both forces agreed to a three -month tariff truce, for which the United States has undertaken to reduce its fees from 145% to 30%And China from 125% to 10% In an attempt to open the door to a wider agreement.
China is the main manufacturer and exporter of rare -earth resources in the world, controlling 70% of the global market, and activated important restrictions on export, which especially affected the United States, Europe and Asian countries.
During the call on Thursday, Xi also invited Trump and the first lady (Melania Trump) Visit China and extend the invitation.
As a president, Trump visited China only once, in November 2017At the beginning of his first mandate (2017-2021), before the rivalry between the two largest world powers was aggravated in the current aspects, while Sita visited Trump in Mar-A-Liag (Florida) in April of the same year.
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Source: Aristegui Noticias
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
