US and China to Resume Trade Talks in London on June 9
Following a 90-day truce on tariffs, the United States and China have arranged a high-level meeting to further discussions on trade relations. The talks are set to take place in London on June 9, with representatives from both nations aiming to advance their economic dialogue.
Senior US Officials to Lead Delegation
The US delegation will be led by three key cabinet officials: Treasury Secretary Scott Bessent, Secretary of Commerce Howard Lutnick, and United States Trade Representative Jamieson Greer. The meetings are expected to build upon the temporary agreement established earlier this month.
Background of the Trade Truce
On May 12, both countries agreed to a 90-day pause on escalating tariffs, which had reached triple digits in a series of retaliatory measures since early 2025. This aimed to ease tensions and create space for constructive negotiations.
Challenges Beyond Tariffs
Despite the initial ceasefire in tariff escalation, numerous significant issues remain unresolved in the bilateral relationship, including:
- Concerns over illicit fentanyl trafficking
- The geopolitical status of Taiwan
- US objections to China’s state-led and export-driven economic practices
These deeper strategic differences continue to complicate the broader US-China engagement beyond trade.
Recent Diplomatic Engagements
The announcement comes shortly after a rare direct conversation between the leaders of both countries, signaling a willingness to pursue diplomatic solutions despite ongoing challenges.
Market and Global Implications
The temporary agreement and upcoming talks have been positively received by global markets, though investors remain cautious awaiting comprehensive outcomes from the negotiations.
Key Points:
- Trade talks scheduled for June 9 in London between US and China
- Delegation led by Treasury, Commerce, and Trade representatives from the US
- 90-day tariff truce initiated on May 12 to calm trade tensions
- Ongoing strategic disputes beyond tariffs include fentanyl trade and Taiwan's status
