China-US trade talks to stretch into second day

RTHK

19 hours ago

China-US trade talks to stretch into second day
Attending the talks are from right - Vice Minister of Commerce Li Chenggang, Commerce Minister Wang Wentao, Vice Premier He Lifeng, US Treasury Secretary Scott Bessent, US Commerce Secretary Howard Lutnick and US Trade Representative Jamieson Greer. Photo: Reuters
Chinese and United States officials are set to meet on Tuesday for a second day of trade talks in London, seeking to shore up a tariff truce.
The gathering of key officials from the world's two biggest economies began on Monday in the historic Lancaster House, run by the UK Foreign Office, following an earlier round of talks in Geneva last month.
Vice Premier He Lifeng was again heading the team in London, which included Commerce Minister Wang Wentao and China International Trade Representative Li Chenggang.
Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer are leading the US delegation.
The talks wrapped up Monday evening and were expected to restart on Tuesday, according to China's state broadcaster CCTV.
Beijing and Washington are trying to revive a temporary truce struck in Geneva that had briefly lowered trade tensions and calmed markets.
The Geneva pact to cool tensions temporarily brought new US tariffs on Chinese goods from 145 percent to 30 percent, and Chinese countermeasures from 125 percent to 10 percent. (Agencies)