Top US and Chinese officials are convening in London today to advance discussions towards a trade deal, following a preliminary agreement made in Geneva. Senior representatives from both nations are present, with key topics likely including rare-earth minerals and advanced technology. There exists a 90-day truce aimed at reducing tariffs to 10%, eliciting hopes from global investors for a resolution to ongoing disputes. The meetings follow a conversation between Trump and Xi, underscoring the urgency for diplomatic engagement amidst rising tensions.
Both the US and China are currently partway through a 90-day truce which has reduced new tariffs to 10%, raising hopes for a trade agreement.
The upcoming trade talks in London are viewed as a crucial step for both nations in easing tensions and moving towards a more stable trade relationship.
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