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China, US reach consensus on trade framework at high-level talks in London

( June 11, 2025, 09:54 GMT | Official Statement) -- MLex Summary: China and the US have agreed on a "principled consensus" to implement a "framework" aimed at building on the outcomes of the Geneva trade talks and the strategic agreements made during the June 5 leaders' phone call. This agreement was reached during the first meeting under the new China-US economic and trade consultation mechanism, marking progress in addressing their shared economic and trade issues, according to China's state broadcaster CCTV. The meeting, held on June 9 June 10, was attended by senior officials, including Chinese Vice Premier He Lifeng and US representatives Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick.The statement follows:...

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