By JILL LAWLESS, Associated Press
LONDON (AP) — High-level delegations from the United States and China met in London on Monday to try and shore up a fragile truce in a trade dispute that has roiled the global economy,
A Chinese delegation led by Vice Premier He Lifeng held talks with U.S. Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer at Lancaster House, an ornate 200-year-old mansion near Buckingham Palace.
Wang Wentao, China’s commerce minister, also was part of Beijing’s delegation.
The talks, which may continue Tuesday, follow negotiations in Geneva last month that brought a temporary respite in the trade war.
Stacked containers are seen at the Yangluo Port on the Yangtze River in Wuhan, central China’s Hubei Province, Friday, May 23, 2025. (AP Photo/Andy Wong) Trucks loaded with container move through a container terminal port in Shanghai, China Monday, June 9, 2025. (Chinatopix Via AP) Trucks loaded with container move through a container terminal port in Shanghai, China Monday, June 9, 2025. (Chinatopix Via AP) In this image, taken from a video footage run by Phoenix TV via AP Video, Chinese Vice Premier He Lifeng, right, poses for photos with British Chancellor of Exchequer, Rachel Reeves, outside 11 Downing Street in London, England, Sunday, June 8, 2025. (AP Photo/Phoenix TV via AP Video) Show Caption1 of 4Stacked containers are seen at the Yangluo Port on the Yangtze River in Wuhan, central China’s Hubei Province, Friday, May 23, 2025. (AP Photo/Andy Wong) ExpandThe two countries announced May 12 they had agreed to a 90-day suspension of most of the 100%-plus tariffs they had imposed on each other in an escalating trade war that had sparked fears of recession.
The U.S. and China are the world’s biggest and second-biggest economies. Chinese trade data shows that exports to the United States fell 35% in May from a year earlier.
Since the Geneva talks, the U.S. and China have exchanged angry words over advanced semiconductors that power artificial intelligence, visas for Chinese students at American universities and ” rare earth ” minerals that are vital to carmakers and other industries.
President Donald Trump spoke at length with Chinese leader Xi Jinping by phone last Thursday in an attempt to put relations back on track. Trump announced on social media the following day that the trade talks would resume in London.
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Beijing indicated Saturday that it is addressing the concerns, which have come from European companies as well as U.S. firms.
Kevin Hassett, a U.S. economic adviser, told CNBC on Monday that he expected a short meeting with “a big, strong handshake” on rare earths.
The U.K. government says it is providing the venue and logistics but is not involved in the talks, though British Treasury chief Rachel Reeves met with both Bessent and He on Sunday, and U.K. Business Secretary Jonathan Reynolds was due to meet Wang.
“We are a nation that champions free trade and have always been clear that a trade war is in nobody’s interests, so we welcome these talks,” the British government said in a statement.
Associated Press Writer Didi Tang in Washington contributed to this story.
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