(The Center Square)–President Donald Trump plans to send top members of his trade team to London on Monday to talks with representatives from China as the two economic superpowers seek greater cooperation on trade.
Last month, the two nations reached a temporary truce on tariffs as they worked toward a more comprehensive deal. However, that limited trade truce was in jeopardy until Thursday, when Trump talked directly with China President Xi Jinping.
On Friday, Trump said he was sending Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer to London for the meeting with representatives from China.
“The meeting should go very well,” Trump wrote in a social media post.
Trump said he spoke with Jinping for more than 1.5 hours Thursday morning, almost entirely on trade between the two nations. Trump said the call “resulted in a very positive conclusion for both countries.”
The phone call came almost a week after Trump accused China of failing to uphold the bargain the two countries reached in Geneva last month.
In May, the two countries reached a 90-day deal to reduce high tariffs. Both countries agreed to slash tariffs that had been so high that nearly all trade between the two nations stopped. The U.S. reduced its tariffs on China from 145% to 30% while the two nations continued to talk. China cut its levies on U.S. imports from 125% to 10%.
At the time, S&P Global said the limited agreement would bring limited relief for businesses and consumers. The credit-rating agency said the de-escalation “brings only temporary relief.” It noted that if the world’s two largest economies can’t reach a broader, more permanent trade deal in the next three months, tariffs are likely to increase again, perhaps sharply.
Businesses are likely to remain cautious about hiring in the meantime, according to the S&P report. It further said that consumer spending could remain subdued.
At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
