Trump: The China-US delegations will meet in London on June 9, looking forward to seeking positive progress.
Former U.S. President Trump announced on his social media platform Truth Social that U.S. Treasury Secretary Scott Bentsen, Commerce Secretary Howard Lutnick, and U.S. Trade Representative Jamison Greer will hold economic and trade talks with Chinese representatives in London on June 9.
The purpose of this meeting is to negotiate a trade agreement to promote further development of Sino-U.S. economic and trade relations. Trump mentioned in a post that he believes the talks will go smoothly and expressed an optimistic attitude toward this progress.
It is worth noting that this is a further confirmation of economic and trade consultations between China and the United States following the Geneva economic and trade talks in May, indicating that communication between the two sides in the economic and trade field is continuing to deepen.
The background of this meeting is the recent complex situation in the Sino-U.S. economic and trade relations. Previously, the two sides reached several consensuses in Geneva, including the suspension of the implementation of certain tariffs and a partial agreement on non-tariff countermeasures. However, there are still differences between the two sides regarding issues such as rare earth export controls and chip export restrictions.
The Chinese side emphasizes that the export control of rare earths is based on international practices, rather than a unilateral restriction against the United States, and has issued temporary export licenses for rare earths to the three major American automobile manufacturers. The U.S. side has raised questions about the implementation by the Chinese side, believing that China has delayed the fulfillment of the agreement.
In addition, the new round of chip control measures introduced by the United States after the Geneva talks has also sparked strong dissatisfaction from China. These circumstances have made the upcoming London talks highly anticipated, as they are seen as an important opportunity for both sides to resolve their differences and further improve economic and trade relations.
Overall, the talks in London announced by Trump not only reflect the ongoing interactions between China and the United States in the economic and trade sector, but also demonstrate both sides' emphasis on stabilizing bilateral relations.
However, whether the talks can achieve substantial progress still depends on the negotiation results on specific issues between both parties. The outcome of this discussion may have a significant impact on China-U.S. economic and trade relations as well as the global economic landscape.
What substantial progress do you think can be made in this meeting? How will the results of the meeting affect the stock market and the cryptocurrency market?
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Trump: The China-US delegations will meet in London on June 9, looking forward to seeking positive progress.
Former U.S. President Trump announced on his social media platform Truth Social that U.S. Treasury Secretary Scott Bentsen, Commerce Secretary Howard Lutnick, and U.S. Trade Representative Jamison Greer will hold economic and trade talks with Chinese representatives in London on June 9.
The purpose of this meeting is to negotiate a trade agreement to promote further development of Sino-U.S. economic and trade relations. Trump mentioned in a post that he believes the talks will go smoothly and expressed an optimistic attitude toward this progress.
It is worth noting that this is a further confirmation of economic and trade consultations between China and the United States following the Geneva economic and trade talks in May, indicating that communication between the two sides in the economic and trade field is continuing to deepen.
The background of this meeting is the recent complex situation in the Sino-U.S. economic and trade relations. Previously, the two sides reached several consensuses in Geneva, including the suspension of the implementation of certain tariffs and a partial agreement on non-tariff countermeasures. However, there are still differences between the two sides regarding issues such as rare earth export controls and chip export restrictions.
The Chinese side emphasizes that the export control of rare earths is based on international practices, rather than a unilateral restriction against the United States, and has issued temporary export licenses for rare earths to the three major American automobile manufacturers. The U.S. side has raised questions about the implementation by the Chinese side, believing that China has delayed the fulfillment of the agreement.
In addition, the new round of chip control measures introduced by the United States after the Geneva talks has also sparked strong dissatisfaction from China. These circumstances have made the upcoming London talks highly anticipated, as they are seen as an important opportunity for both sides to resolve their differences and further improve economic and trade relations.
Overall, the talks in London announced by Trump not only reflect the ongoing interactions between China and the United States in the economic and trade sector, but also demonstrate both sides' emphasis on stabilizing bilateral relations.
However, whether the talks can achieve substantial progress still depends on the negotiation results on specific issues between both parties. The outcome of this discussion may have a significant impact on China-U.S. economic and trade relations as well as the global economic landscape.
What substantial progress do you think can be made in this meeting? How will the results of the meeting affect the stock market and the cryptocurrency market?
#中美贸易会晤 # Trump #TradeNegotiations