Teams will try to resolve tariffs war amid spats over China’s curbs on rare minerals and US revocation of student visas.

United States President Donald Trump has announced a new round of trade talks with China in an apparent bid to dial down a bitter battle over tariffs between the world’s two biggest economies.

The president said on social media that the meeting would take place in London on Monday, his announcement coming one day after a rare leader-to-leader phone call with Chinese counterpart Xi Jinping appeared to calm rising tensions.

“The meeting should go very well,” said Trump in a post on his Truth Social platform, adding that Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer would meet the Chinese team.

The talks will mark the second round of negotiations between the two countries since Trump launched his trade war this year, targeting China with levies of up to 145 percent. Beijing struck back with countermeasures of 125 percent.