The Mayor of London, Sadiq Khan, announced that City Hall will host its first-ever London-Africa business summit next year, targeting a bilateral trade of £62 billion by 2030.
US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer aimed to address the escalating trade war with China during high-level talks in Geneva. However, significant breakthroughs seem improbable, although there are hopes for easing tariffs that would calm global markets and support businesses dependent on US-China trade.