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Three members of Donald Trump’s cabinet will meet with Chinese officials in London on Monday in an effort to deescalate or resolve the unprovoked trade war which Trump started with Beijing two months ago.
In a post on Truth Social, Trump said he was “pleased to announce” that Treasury Secretary Scott Bessent and Commerce Secretary Lutnick would travel to London along with U.S. Trade Representative Jameson Greer for a sit-down with “Representatives of China, with reference to the Trade Deal.”
He added: “The meeting should go very well. Thank you for your attention to this matter!”
The president’s announcement of yet more trade talks between Washington and Beijing comes just a day after a 90-minute phone call with Chinese president Xi Jinping, which Trump described as a “very good” discussion of “some of the intricacies of our recently made, and agreed to, Trade Deal.”
A day earlier, he had complained that Xi was “VERY TOUGH, AND EXTREMELY HARD TO MAKE A DEAL WITH” in a separate Truth Social post which was made as he was reportedly pushing for a leader-to-leader call with his Chinese counterpart.
Last month, Trump cut the tariffs he’d imposed on Chinese imports from a whopping 154 percent to 30 percent after Bessent and Greer met with Chinese negotiators in Switzerland to deescalate the trade war the president had kicked off on April 2, the day he declared “Liberation Day” to mark his decision to unilaterally tax American imports of goods from nearly every nation on earth.
Trump and other administration officials have been frustrated by what they describe as China’s failure to relax restrictions on the export of rare earth metals, which are used in manufacturing for advanced electric motors and other electronic products, including those with military applications, while China’s government has bristled at a recent decision by the U.S. to impose export controls that will prevent American companies from selling Chinese buyers software used for semiconductor design, and by plans announced by Secretary of State Marco Rubio to to “aggressively revoke visas for Chinese students” who are studying in the U.S.
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English (US) ·