China, London and trade talks
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Donald Trump has said the US and China’s deal to restore their trade war truce is “done” after two days of marathon negotiations in London. In a post on his Truth Social network on Wednesday the US president hailed a breakthrough reached in bilateral talks in London late the night before.
Officials from both sides are meeting on Monday in London, aiming to resolve differences over tariffs and supply chains that have endangered a fragile truce between the countries.
Gold advanced even after the US and China said they had agreed on a plan to ease trade tensions during talks in London.
U.S. and Chinese delegations are in the U.K. for talks aimed at patching up a fraying truce in an ongoing trade war between the world’s two biggest economies. The U.S. team—led by Treasury Se