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US-China Trade Talks Progressing Well, Officials Report

CNBC TelevisionJuly 7, 20251 min5,265 views
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Trade Negotiations Update

  • 💬 US and Chinese officials are currently in London for trade talks, marking the third round of discussions.
  • 🤝 Commerce Secretary Howard Lutnick stated that the talks are progressing "really, really well."
  • 🎯 The goal is to conclude the negotiations today, with a possibility of extending into tomorrow if necessary.

Key Personnel and Schedule

  • ❓ A key question is whether Scott Bessant will continue to participate if talks extend, as he is scheduled for testimony on Capitol Hill tomorrow.
  • 🗣️ Lutnick and trade representative Jameson Greer may continue negotiations even if Bessant returns to Washington.
  • 📰 A previous report suggesting talks had wrapped for the day was confirmed as false.
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What’s Discussed

US-China Trade TalksCommerce SecretaryHoward LutnickLondon NegotiationsTrade NegotiationsCapitol Hill TestimonyTreasury DepartmentWhite House
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