U.S. and Chinese officials met for a second day of economic and trade discussions in London on June 10.
Commerce Secretary Howard Lutnick told reporters that the two sides met all day on June 9 and will likely meet again on June 10.
“They’re going well, and we’re spending lots of time together,” he said.
Lutnick, who manages export controls, joined Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer to meet with their Chinese counterparts.
In an interview with CNBC’s “Squawk Box,” National Economic Council Director Kevin Hassett stated that the United States could lift recent export controls on semiconductors if China accelerated its shipments of rare earths and magnets….