US-China trade negotiations to ensue in near future
Freshened Take:
Get ready for a high-level economic and trade powwow next Monday, between top-tier reps from the People's Republic of China and the good ol' USA. China's Vice-Premier He Lifeng will touch down in Blighty from June 8 to 13, following an invite from the UK government, according to a Foreign Ministry spokesperson. And here's the goss: These chaps are gonna gab about le chat economy for the very first time!
Nothing's been spilled on the precise composition of China's envoy yet, but, hey, let's not forget the chinwag sphere ain't exactly small.
ahead of this huddle, U.S. Prez Donald Trump dropped a hint on his online micronation, Truth Social. He disclosed that the USA crew, led by Finance Minister Scott Bessent, Trade Minister Howard Lutnick, and Trade Rep Jamieson Greer, would engage in some capitalist conservations in the UK capital.
What's on the agenda? Well, There's that May trade deal between these economic titans, which Trump hinted would be a topic of discussion. Didja know Trump giveth and taketh with a tariff? Yeah, he cranked up tariffs on Chinese imports, reaching heights of 145%, and, well, Beijing couldn't just sit on their hands, could they? Counter-tariffs flew, and that's just the prologue to a never-ending intellectual property dispute.
Moving on, you might've heard that tech's a contentious issue too. U.S. restrictions on exporting chip design software to China don't sit well with China, and vice versa. The verbal spat doesn't end there, either – China's grumbling about rare earth export controls. It's no big surprise, though, when you consider that these damnable elements are dual-purpose goods—civilian and military alike. China's got a bone to pick about Washington's bluntness, too. China's claimed they've doled out licenses and are aiming for a friendly sit-down with the relevant countries.
So, there ya have it! The lowdown on the upcoming high-level gabfest between China and the U.S. Stay tuned for more updates on this whiskered cat-and-mouse game. Let the discussions heat up!
Despite the anticipated economic and trade discussions between China and the US, the exact agenda remains undisclosed. The negotiations, which are expected to touch on issues such as finance, business, politics, and general-news, will involve China's Vice-Premier He Lifeng and the US delegation led by Finance Minister Scott Bessent, Trade Minister Howard Lutnick, and Trade Representative Jamieson Greer.
