U.S. Treasury Secretary Scott Bessent left ongoing trade talks with China on Tuesday to return to Washington, D.C., where he is scheduled to testify before Congress.
Bessent said the negotiations, held at Lancaster House near Buckingham Palace in London, have been productive so far. He confirmed that Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer will stay in London to continue talks with the Chinese delegation.
The trade talks come at a sensitive time in the ongoing U.S.-China trade tensions. Key issues include easing U.S. export controls on China in exchange for Beijing opening up exports of rare earth minerals vital for tech industries.
China’s delegation includes Vice Premier He Lifeng, Commerce Minister Wang Wentao, and lead trade negotiator Li Chenggang. Both sides aim to reach an agreement that could ease trade frictions after recent tariff reductions agreed in Geneva.
Lutnick said earlier that both parties were “trying to finish” the talks by Tuesday evening, but discussions are continuing as needed.
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The International Monetary Fund (IMF) has urged Georgia to implement reforms to tackle youth unemployment. Nearly 30 per cent of people aged 15-24 ar...
The International Monetary Fund (IMF) has urged Georgia to implement reforms to tackle youth unemployment. Nearly 30 per cent of people aged 15-24 are without a job in the country, according to World Bank data.
British Prime Minister Sir Keir Starmer has pledged to publish the UK government's long-awaited Defence Investment Plan ahead of next month's NATO summit in Ankara, following growing pressure over the UK's military spending commitments.
Hundreds of protesters have torn down fences surrounding a planned luxury development site in Albania, as public anger continues to mount over construction in environmentally sensitive areas.
George Russell continued Mercedes's dominant qualifying form by securing pole position for the Barcelona-Catalunya Grand Prix, while Lewis Hamilton ensured an all British front row with second place for Ferrari.
Pakistan has warned that any attempt by India to block or significantly reduce river flows under the Indus Waters Treaty could have “far-reaching consequences”, after India's water minister said New Delhi was working to ensure that “not a single drop” of water reaches Pakistan in the coming years.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
Armenia has every right to choose Europe. But Europe’s support for Armenia’s direction should not become automatic approval of its political process.
U.S. President Donald Trump has said a peace agreement with Iran is scheduled to be signed on Sunday in a post on social media, despite Tehran's Foreign Ministry spokesperson Esmaeil Baghaei saying no deal would be approved this weekend.
Japan’s birth rate and fertility levels have fallen to their lowest levels on record, highlighting the country’s worsening demographic crisis as fewer people marry and have children.
In the runup to the G7 summit, hosted by France in Évian-les-Bains on Monday, 15 June, China has addressed global economic balances in a videoconference hosted by French President Emmanuel Macron. It is a rarity for Beijing to engage directly with the group.
Romania's centrist President Nicușor Dan on Sunday designated Adrian Veștea, a member of the liberal party, as prime minister, after independent candidate Eugen Tomac withdrew.
North Korea said on Sunday, 14 June, that denuclearisation is a matter that is irreversibly terminated, in a condemnation of recent nuclear deterrence talks between the U.S. and South Korea.
British Prime Minister Sir Keir Starmer has pledged to publish the UK government's long-awaited Defence Investment Plan ahead of next month's NATO summit in Ankara, following growing pressure over the UK's military spending commitments.
British Prime Minister Sir Keir Starmer says British armed forces intercepted a Russian shadow fleet oil tanker early on Sunday, as it attempted to pass through the English Channel.
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