US treasury secretary Scott Bessent and Chinese vice premier He Lifeng pose for a photo with US trade representative Jamieson Greer, commerce secretary Howard Lutnick, Chinese commerce minister Wang Wentao, and China’s international trade representative Li Chenggang, in London on Monday. Photo: US Treasury/Handout via Reuters
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Top US and Chinese officials met in London yesterday in a bid to defuse a high-stakes trade dispute that has widened from tariffs to restrictions over rare earths, threatening a global supply chain shock and slower economic growth.
Officials from the two superpowers met at the ornate Lancaster House to try to get back on track with a preliminary agreement struck last month in Geneva that had briefly lowered the temperature between Washington and Beijing.
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