China-U.S. trade talks continue for second day
發佈日期: 2025-06-10 19:52
TVB News
Chinese and U.S. representatives had a second day of talks in London on ways to avoid escalation in their tariff war.
The talks come at a critical time when both sides seek to dial back simmering tensions and put their relationship back on track.
Following a tentative trade pact sealed in Geneva last month, the second round of trade negotiations between the global economy's two superpowers are taking place at the ornate Lancaster House near Buckingham Palace.
Vice premier He Lifeng helmed the Chinese contingent that included Commerce Minister Wang Wentao and China International Trade Representative Li Chenggang.
The first day of talks on Monday lasted for over six hours.
Delegates returned to the negotiation table at 5 p.m. Hong Kong time.
There were signs of progress as U.S. Treasury Secretary Scott Bessent said they had a "good meeting" on Day One, while Commerce Secretary Howard Lutnick reportedly stated the trade talks were going well and were expected to last all day on Tuesday.
In Washington, U.S. President Donald Trump took questions from reporters about his administration's ongoing negotiations with China in London.
Trump said: "We are doing well with China. China's not easy. I think we're doing very well. They're over there now, I'm only getting good reports. It's a little early but they'll be calling in soon. We want to open up China."
Reporter: Are you willing to lift export controls when it comes to China? Did you give your negotiators any sort of limitations?
Trump said: "We're going to see. We're going to see."
According to a Bloomberg report, Washington is mulling the cancellation of export controls on some technologies in exchange for China easing restrictions on rare earth exports.
Sources say U.S.-made chip design software, components of jet engines, as well as chemical and nuclear materials are on the list.
In a leading article, state-owned People's Daily hailed the meetings as a precious opportunity for China and the U.S. to solve their differences through dialogue on an equal footing.
The article stressed such negotiations and practical collaboration could lead to a win-win solution, expressing hopes that both sides work to create favorable conditions that facilitate normal bilateral economic and trade exchanges.
