London: The US-China trade talks launched in London by the world’s two largest economies to permanently resolve trade tensions that began with tariff disputes have been the focus of investors globally. US Treasury Secretary Scott Bessent, representing Washington in the talks, said the meeting is ‘well,’ while Commerce Secretary Howard Lutnick described it as ‘productive.’ US President Donald Trump’s statements on the trade talks are also being closely followed by investors, with Trump saying he has received good news from the trade talks with Chinese officials in London. Things were going very well with Beijing, Trump noted, adding that he wanted US companies to open up to China.
According to Anadolu Agency, the bilateral trade talks, continuing on Tuesday, are being closely monitored also in Europe as geopolitical developments in the region continue to influence the direction of the markets.
Los Angeles Protests Continue
Demonstrations began last week in support of irregular migrants detained by the US Immigration and Customs Enforcement (ICE) in Los Angeles, California. While many protesters were detained during the anti-ICE protests, Trump announced that he had deployed the National Guard to bring the situation in Los Angeles under control. US Treasury Secretary Bessent also posted on social media, saying: ‘Border security is economic security. The violent riots in Los Angeles have made this undeniably clear.’