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Trump and Xi Schedule London Trade Talks After 90-Minute Call

London meetings aim to settle tariff disputes through negotiations over rare earth mineral exports.

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Overview

  • The leaders concluded a 90-minute call on June 5 with both sides describing the outcome as very positive.
  • They agreed to dispatch US Trade Representative Jamieson Greer, Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick to London.
  • Negotiations will focus on resolving longstanding tariff standoffs and China’s export restrictions on minerals vital to industries such as auto and defense.
  • Xi invited President Trump and First Lady Melania Trump to visit China, and Trump extended a reciprocal invitation.
  • The new talks follow a 90-day tariff truce agreed in Geneva that temporarily slashed mutual duties.