President Donald Trump announced Friday that U.S. officials will meet with their Chinese counterparts in London on Monday to discuss trade.
The United States and China have been at a trade impasse since signing a 90-day tariff ceasefire in May. Before the pause, the U.S. imposed a 145% tariff on Chinese goods while China implemented a 125% tariff.
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Trump said Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and U.S. Trade Representative Jamieson Greer will meet with Chinese officials.
“I am pleased to announce that Secretary of t