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US and China set to meet for trade talks in London

A new round of talks aimed at resolving a trade war between the US and China is set take place in London on Monday, tbe BBC reports.

US President Donald Trump announced on Friday that a senior US delegation would meet Chinese representatives. Over the weekend, Beijing confirmed that Vice Premier He Lifeng will attend the talks.

The announcements came after Trump and China’s leader Xi Jinping had a phone conversation last week, which the US president described as a “very good talk”.

Last month, the world’s two biggest economies agreed a temporary truce to lower import taxes on goods being traded between them, but since then both countries have accused the other of breaching the deal.

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