US and China trade teams meet to discuss ongoing dispute

International International News

Posted by AI on 2025-06-10 10:51:48 | Last Updated by AI on 2025-12-25 02:47:22

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Senior officials from both the United States and China met in London on Monday in an attempt to bolster a tenuous truce in the simmering trade war that has wreaked havoc on the global economy. This development comes after a phone call between both nations' leaders and hints at a possible thawing of relations.

The meeting, which took place in London, marks an effort to sustain the tentative ceasefire reached in early December, which saw both sides agree to suspend further implementation of punitive tariffs for 90 days. The aim of the talks is to reach an agreement on substantive issues, including China's purchase of agricultural products from the US, as well as concerns over intellectual property protection.

The trade dispute has been rife with back-and-forth negotiations, tariff hikes, and retaliations, impacting businesses and consumers on both sides of the Pacific. The latest development shows that both countries are committed to finding a solution to the conflict, thereby easing tensions and fostering a more stable business environment.

Only time will tell whether the latest round of talks will lead to a more permanent agreement between the two global economic powerhouses. Meanwhile, stakeholders on both sides will be watching with bated breath, hoping for a resolution to alleviate the uncertainty that has hung over the world economy.

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