June 11th, 2025
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Important people from the U.S. and China will talk about buying and selling things again. They had problems before, but now they want to make things good.
The news came after two days of talks in London. The talks finished on Tuesday.
They talked about problems with selling things like minerals and technology. These problems made their trade agreement difficult. We don't know if they fixed the big problem: China sells a lot more to the US than the US sells to China.
Howard Lutnick said they had problems. Now they can start.
Asian stocks went up on Wednesday. They made a deal.
Last week, Donald Trump and Xi Jinping talked on the phone. They wanted to make things better.
Li Chenggang said China and the other side made a plan. This plan is about what they talked about on the phone and in Geneva, Xinhua said.
We don't have more information now. We don't know if they will talk again.
Li and Wang Wentao from China met some people in London. They talked to Lutnick, Scott Bessent and Jamieson Greer at a big house.
Wendy Cutler said they lost 30 days. They have 90 days to solve their problems.
They made a deal in Geneva. For 90 days, they will stop the extra taxes they put on each other. These taxes made people worried about money. The World Bank said that trade is harder now. So, it thinks the world's money growth will be less this year.
Cutler said the U.S. and China were slow to fix their agreements. He said they have only two months to talk about problems like unfair trade and too many goods.
After their meeting, the U.S. and China are angry. They are talking about computer chips, student visas, and special minerals for cars.
China makes special metals. They want to sell more. China wants the U.S. to let them buy things to make computer parts.
Lutnick said that fixing the rare earths problem is a big 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, it will be easier to send things out."
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. did something. Now, China can ask to talk about rules for selling things in the future.
In Washington, a court said the government can keep collecting money from other countries. This is because of Trump's rules. The government wants to keep these rules.
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 do nothing. But we want to open China."
June 11th, 2025
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