China, U.S. set for next round of trade talks on Monday
發佈日期: 2025-06-07 19:37
TVB News
U.S. President Donald Trump said delegations from the U.S. and China are set to meet in London next Monday for further trade talks.
Trump had agreed on the scheduling of the event during a phone call with President Xi Jinping on Thursday.
Danni Zhou tells us more.
Donald Trump spoke about his expectations for the forthcoming U.S.-China trade talks aboard Air Force One, a day after the U.S. president had what he described as a "very positive" conversation with his Chinese counterpart.
DONALD TRUMP, U.S. President: "Well, we're very far advanced on the China deal. We wanted clarification. We had to have clarification. A little bumpy up here. I talked to President Xi for, I guess, more than two hours. We had a very good talk. It's a complicated deal, but it's a deal that's, you know, that will bring us a lot of money and a lot of everything else. And we get along very well with President Xi and with China."
Trump announced in a post on Truth Social that the U.S. will be represented by Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer at Monday's trade talks, without providing specifics about the exact time and location of the meeting.
Trump told reporters that President Xi had agreed to restart exports of rare earth minerals and magnets to the U.S.
However, Beijing has not yet confirmed this.
China controls about 90 percent of the global refining processing of rare earths.
On April 4th, Beijing countered Washington's so-called "reciprocal tariffs" by imposing export restrictions on the flow of a wide range of minerals and magnets into the U.S.
According to a Reuters report, China has now approved temporary export licenses for rare-earth suppliers of U.S. carmakers such as General Motors, Ford and Stellantis.
Some of the licenses are valid for six months.
In another development, sources say the U.S. Commerce Department suspended licenses to ship nuclear products to China, a move that involved components and equipment used in nuclear power plants.
In an interview, Victor Gao Zhikai , the vice president of the Center for China and Globalization underscored the need for the U.S. to clarify its dependence on China's supply of rare earths and ensure those materials are not misused for hostile purposes.
Beijing's top envoy to Washington Xie Feng said at an event on Friday that neither a cold war or tariff war should be fought or could be won.
He said Sino-U.S. relations are currently at a historical juncture.
Xie expressed hopes that both sides can work together and follow through on the important consensus reached during the call between the two heads of state.
Xie said U.S. moves to roll back erroneous measures taken against China would create necessary conditions for bringing bilateral ties back on track.
