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First Meeting of Bilateral Consultation Mechanism Held Amid Global Economic Uncertainty
The inaugural session of the newly established U.S.-China trade consultation mechanism convened in London on June 9, marking a significant step in economic diplomacy between the world’s two largest economies.
Key Meeting Details
Location & Timing:
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- Initial discussions began afternoon of June 9 (local time)
- Negotiations scheduled to continue through June 10
- London chosen as neutral venue for bilateral talks
Strategic Context:
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- First formal trade dialogue under current administration
- Follows months of preparatory working-level discussions
- Occurs against backdrop of global supply chain realignment
Market analysts suggest the talks could address several pressing issues:
- Tariff reduction timelines
- Technology transfer regulations
- Agricultural market access
- Intellectual property protections
The outcome of these discussions may set the tone for economic relations between the superpowers through 2025 and beyond. Both delegations have maintained tight confidentiality regarding specific agenda items, though observers anticipate tangible progress on digital trade and clean energy cooperation.
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