Trump announces US-China trade talks in London next week

News Snapshot:

Senior US administration officials will meet with a Chinese delegation on Monday in London for the next round of trade negotiations between Washington and Beijing, Donald Trump said on Friday. The meeting comes after a phone call between Trump and the Chinese leader, Xi Jinping, on Thursday, which the US president described as a “very positive” conversation as the two countries attempt to break an impasse over tariffs and global supplies of rare earth minerals. The treasury secretary, Scott Bessent, commerce secretary, Howard Lutnick, and US trade representative, Jamieson Greer, will represent the US side in the trade talks. “The...