🗓 June 9, 2025
📍 London
Markets are holding their breath: at stake are supplies, technologies, and global supply chains.
🧑💼 Who is at the table?
USA:
Secretary of Finance - Scott Bessent
Secretary of Commerce - Howard Latnik
USTR - Jameson Greer
China:
Vice Premier - He Lifeng
A number of senior trade representatives
🧨 What's on the agenda?
1. Rare earth elements:
After Beijing's export suspension in April, the US is pushing for the restoration of supplies of critical materials - especially for defense, energy, and 'green' technologies.
2. Semiconductors and AI:
The US has tightened export controls on AI chips, banning supplies to companies like Huawei.
China insists on easing pressure and transparency of new rules.
3. Additional questions:
Student visas
Control over fentanyl precursors
Monetary policy and structural reforms in China
📈 Markets react:
📊 Stock markets: Moderate growth - hope for a breakthrough.
🛢 Oil prices: Slight increase - amid expectations of de-escalation.
💵 US Dollar: Slight weakening - traders are waiting.
📉 China's exports to the US: -9.8% in May (y/y) - a significant impact from the conflict.
🔭 What to monitor next:
✅ Will China resume exports of rare earth elements?
✅ Will the parties agree on new rules for semiconductors?
✅ Is a pathway to a comprehensive deal forming in August or will there be another 'soft pause'?
⚖️ Outcome:
This summit is not just symbolism, but a potential turning point:
> 🤝 Compromise = momentum for markets, commodity assets, tech stocks
🧱 Failure = increased tensions by August, rising global risks.
This is not just diplomacy - it’s a trade chess game that could reshape global supply chains.
📌 Be cautious. Pay attention to the details.
📡 Traders and investors, stay connected.
