2 days ago
- Business
- South China Morning Post
China, US top negotiators agree on ‘framework' that will need approval from Xi and Trump
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China and the United States wrapped up two days of high-level trade talks in London on June 11, 2025, with an agreement 'in principle to a framework' that each side will bring home for review by their top leaders. The talks are the latest bid to defuse tensions over an array of trade and technology issues, which remain at a boiling point despite temporary deals to scale back tariffs on each other's goods. US Commerce Secretary Howard Lutnick called the conclusion of the meeting the 'first step of the framework by which … to discuss growing trade'. China's top trade negotiator Li Chenggang, meanwhile, said Beijing hopes the progress made in London will help boost trust between the two sides.
