US China Trade War Talks Could Save Global Economy From Collapse
High-level delegations from the United States and China are meeting in London to preserve a fragile tariffs agreement and prevent an escalating trade war that has already disrupted global markets and raised recession concerns. Monday's meeting follows last month's Geneva negotiations that provided temporary relief in the trade dispute between the world's two largest economies. The agreement suspended most 100 percent-plus tariffs imposed by both sides for 90 days, though tensions have continued with ongoing criticism from both nations. US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer will meet with a Chinese delegation headed by Vice Premier He Lifeng at an undisclosed London location. President Donald Trump, who announced the talks Friday after speaking with Chinese leader Xi Jinping, expressed optimism on social media, stating "The meeting should go very well." White House Press […]
