Trade war: US-China talks in London aim for widespread truce

Top US and Chinese officials are meeting in London on Monday in the hope of making further progress in easing the trade war between the world’s two largest economies. The eyes of global financial market investors are firmly on the outcome of the discussions, given the damage already inflicted by the spat and wider US-led trade war. The US delegation is led by Treasury secretary Scott Bessent while China’s vice premier He Lifeng – a respected negotiator at the top of the Chinese government – will represent his country. The venue has not been disclosed. Money latest: Why you probably…