China confirms upcoming trade talks with the US
The Chinese government on Saturday confirmed Monday's meeting in the United Kingdom of its senior representatives with their US counterparts.
Vice Premier He Lifeng will visit the UK from June 8 to 13 at the invitation of the British government, a spokesman for the Foreign Ministry announced.
During his stay, he will hold the first meeting regarding the economic and trade mechanism between China and the United States, the ministry said. It did not provide any additional details about the Chinese delegation.
Trump announces talks
US President Donald Trump announced on his online platform Truth Social on Friday that senior representatives from the US and China would meet in London for further trade talks. The US delegation will be led by Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer, Trump said.
According to Trump, the talks will focus on the details of a trade agreement concluded in May between the two largest economies. In the tariff dispute, Trump had temporarily raised punitive tariffs on imports from China to the US to as much as 145%, prompting Beijing to respond with retaliatory tariffs.
Disputes beyond tariffs
Other contentious issues between the two countries include US restrictions on the sale of key technology products, such as chip design software, to China. Washington, in turn, is not happy with China's export controls on rare earths.
The Commerce Ministry in Beijing once again justified the controls, stating that raw materials are goods for both civilian and military purposes, according to an evening statement. In line with the law, China has issued a certain number of export licences and is ready to strengthen exchanges with the relevant countries regarding rare earths.
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