In a high-stakes diplomatic turn, Chinese Vice Premier He Lifeng is set to meet top U.S. officials in London next week, reigniting trade negotiations between the world’s two largest economies.
The talks—scheduled between 8 and 13 June—mark the first session of a newly established China-US Economic and Trade Consultation Mechanism, according to Beijing’s foreign ministry.
On the American side, Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and White House trade envoy Jamieson Greer will co-chair the discussions.
President Donald Trump confirmed the meeting via Truth Social, positioning it as a crucial step toward resolving a festering customs dispute.
This London round follows a tentative truce brokered in Geneva last month—briefly cooling tensions before Trump accused Beijing of backtracking on commitments.
In April, he raised tariffs on Chinese goods to a staggering 145%, prompting swift retaliation from China, which hiked duties on U.S. imports to 125%.
With economic stakes sky-high and political rhetoric heating up, all eyes now turn to London.