The US and China delegations have started the second stage of trade negotiations in London. Reuters reported, citing its sources. Xinhua also confirmed the launch of the discussions.
The Chinese side presents the Deputy Prime Minister of the People's Republic of China He Lifen. The US delegation includes Finance Minister Scott Bassent, Minister of Trade Howard Latnik and US trade negotiator Jamison.
The mechanism of trade and economic consultations between Beijing and Washington was established in Geneva as a result of the talks on May 10-11. During a meeting in Switzerland, the parties agreed to partially reduce mutual customs duties, which were 100% by May.
On June 5, China President C. Jintpin and US President Donald Trump had a telephone conversation and agreed to hold a new stage of trade and economic talks as soon as possible.
