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Lutnick: Trump Needs to Approve Plan Between US, China to Ramp Down Trade Tensions (Reporter Q&A)

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he US and China have agreed in principle to a framework for deescalating trade tensions by implementing the consensus they reached in Geneva, negotiators for both sides said. “We have reached a framework to implement the Geneva consensus,” US Commerce Secretary Howard Lutnick told reporters in London. The US and Chinese delegations will now take the proposal back to their respective leaders, said China’s chief trade negotiator Li Chenggang, after two days of discussions that spanned nearly 20 hours in a Georgian-era mansion near Buckingham Palace. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X:   / bloombergradio   Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http …...more
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Lutnick: Trump Needs to Approve Plan Between US, China to Ramp Down Trade Tensions (Reporter Q&A)
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156,537Views
Jun 102025
he US and China have agreed in principle to a framework for deescalating trade tensions by implementing the consensus they reached in Geneva, negotiators for both sides said. “We have reached a framework to implement the Geneva consensus,” US Commerce Secretary Howard Lutnick told reporters in London. The US and Chinese delegations will now take the proposal back to their respective leaders, said China’s chief trade negotiator Li Chenggang, after two days of discussions that spanned nearly 20 hours in a Georgian-era mansion near Buckingham Palace. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X:   / bloombergradio   Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts:    / bloombergpodcasts   Bloomberg Television:    / @markets   Bloomberg Originals:    / bloomberg   Quicktake:    / @bloombergquicktake  
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