June 11th, 2025
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America and China will talk about trade again. They had problems, but now they agree to try to fix them. Both countries said this.
They announced the news after two days of talks in London. The talks finished late on Tuesday.
They talked about problems with selling things like rocks and machines. These problems made their peace agreement weak. We don't know if they fixed the main problem: China sells much more to the US than the US sells to China.
Howard Lutnick said, "First, we took out the bad feelings. Now, we can go on."
Asian stocks went up on Wednesday after they heard about the agreement.
Last week, the presidents of America and China talked on the phone. They wanted to make things better.
Li Chenggang said China and another country have a plan. They will use what they talked about on the phone and in Geneva. Xinhua News Agency said this.
We don't have more information now. We don't know about future talks.
Li and Wang Wentao from China went to London with Vice Premier He Lifeng. They met some people at a big house near Buckingham Palace.
Wendy Cutler said they lost 30 days. They had 90 days to fix their problems.
Countries in Geneva made a deal. They will stop high taxes on goods for 90 days. These taxes made people worry about money. The World Bank said the world's money growth will be slower this year.
Cutler works at the Asia Society. He said the U.S. and China must fix their agreements. They have only 60 days to talk about problems like trade and a drug called fentanyl.
The U.S. and China are angry after their meeting. They are talking about computer chips, students, and special rocks for cars.
China makes many special metals. They want to sell more. China wants the U.S. to let them buy special technology for making computer parts.
Lutnick said that fixing the rare earths problem is a very important part of the plan. The U.S. will stop some things it did before. He did not say what things.
He said, "When they say 'yes' to the papers, we will sell less."
Cutler said the U.S. will not talk about its rules for selling things to other countries. She said China does not like these rules and has talked about them for many years.
She said the U.S. let China ask to talk about new rules for selling things.
In the U.S., a court said the government can still get money from taxes on things from China and other countries. The government wants to change a rule about these taxes.
Trump said he wants to sell more U.S. things in China. China makes many things.
Trump said at the White House, "If we don't open China, maybe we will not do anything. But we want to open China."
June 11th, 2025
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