June 12th, 2025
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The U.S. and China talked about trade again. They want to fix their problems and start talking nicely.
The news came after two days of talks in London. The talks finished on Tuesday.
They met to talk about problems with selling minerals and technology. These problems made their peace agreement weak. We don't know if they fixed the big problem that China sells much more to the U.S.
Howard Lutnick said they felt bad before. Now, they can go forward.
Stock markets in Asia went up on Wednesday. This happened after they said there was a deal.
Last week, the presidents of America and China talked. They wanted to make things good again.
Li Chenggang said China and another country agreed on a plan. They will do what they talked about on the phone and in Geneva, said Xinhua News.
We don't have more information now. We don't know if they will talk again.
Li and Wang Wentao from China went to London with He Lifeng. They met some people in a big, old house near the palace.
Wendy Cutler said they used 30 days to fix their problems. They have 90 days to do it.
Countries in Geneva made a deal. They stopped high taxes on many products for 90 days. They had these taxes because they were fighting about trade. People were worried about money problems. The World Bank said the economy will not grow much this year because of these trade problems.
Cutler said the U.S. and China did not fix their agreements quickly. Now, they only have two months to talk about problems like bad trade and drugs.
The U.S. and China are angry. They talk about computer parts, student papers, and special rocks for cars.
China makes special metals. They want to sell more. China wants the U.S. to let them buy tools for computers.
Lutnick said that solving 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 these things are.
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 has been upset about these rules for almost 20 years.
She said the U.S. helped China to ask for new rules about selling things to other countries in future talks.
A court in America said the government can still get money from things from China and other countries. The government wants to keep doing this.
Trump said he wants to sell more American things in China. China makes a lot of things.
Trump said, "Maybe we will not do anything if we don't open China. But we want to open China."
June 12th, 2025
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