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3w ago

He Lifeng to Co-Chair Inaugural China-US Trade Consultation in London

The first meeting under the new consultation mechanism will take place on June 9 after a pause following May’s Geneva talks.

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Chinese Vice Premier He Lifeng waits for a photo session with Britain's Chancellor of the Exchequer Rachel Reeves (not pictured) before the China-UK Financial Services Summit, at the Diaoyutai State Guesthouse in Beijing, China January 11, 2025. REUTERS/Florence Lo//File Photo

Overview

  • Vice-Premier He Lifeng will co-chair the first session of the China-US economic and trade consultation mechanism in London on June 9.
  • The US delegation includes Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer.
  • This marks the second formal round of trade talks since President Trump imposed tariffs on Chinese goods in January.
  • The talks aim to address disputes over tariffs, trade imbalances and broader issues such as fentanyl trafficking and China’s economic policies.
  • He Lifeng’s London visit from June 8 to 13 follows a positive June 5 call between President Trump and Xi Jinping in which both leaders agreed to correct the course of bilateral relations.