By Easton Martin
LONDON — Trade talks between the U.S. and China entered their second day on Tuesday, with optimism emerging from key figures involved. Among those expressing a positive outlook was U.S. Secretary of Commerce Howard Lutnick, who told reporters in London that the discussions were “going well” and appeared to be making progress.
“Talks went on all day yesterday, and I expect them all day today,” said Lutnick. “They’re going well, and we’re spending lots of time together,” he added, speaking to the press outside the venue where high-level economic talks were underway.
Lutnick’s remarks come at a crucial moment in the relationship between the world’s two economic superpowers, as both sides work to defuse tensions that have recently surged over tariffs, trade imbalances, and supply chain security. The London negotiations are the first time top-level officials have met in person since early April.
While the Trump administration has offered few details about what’s being discussed in London, several media reports suggest that negotiators are aiming to develop a framework that strengthens cooperation in key areas without demanding immediate compromises.
Lutnick, reportedly serving in an advisory role during the meetings, highlighted the constructive nature of the talks. “The atmosphere has been serious but constructive,” he said, although he declined to get into specifics about the issues on the table.
Markets have responded cautiously to the developments, with both the Dow and S&P 500 posting small gains during early trading. Analysts say investors are holding out for clearer results before making any long-term bets based on the talks.
