Donald Trump said a new high-level round of trade talks between the US and China would take place on Monday in London, as Washington and Beijing move quickly to try to stabilise their fraught economic relations.
The US president announced details of the negotiations a day after a phone call with Chinese President Xi Jinping during which the two leaders agreed to try to ease the trade war that has been shaking financial markets.
Treasury secretary Scott Bessent, commerce Howard Lutnick and US trade representative Jamieson Greer will be meeting in London on June 9 with “Representatives of China, with reference to the Trade Deal”, Trump announced in a Truth Social post on Friday. “The meeting should go very well. Thank you for your attention to this matter!”