#USChinaTradeTalks
๐ข โ June 9, 2025 Update ๐
๐๏ธ Whatโs Happening Today
Top U.S. ๐บ๐ธ & China ๐จ๐ณ officials are meeting in London today to build on the fragile May truce reached in Geneva โ a key moment in cooling down the ongoing trade war ๐ฅ๐๏ธ
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๐ฅ Whoโs at the Table
๐บ๐ธ U.S. Delegation:
Treasury Secretary Scott Bessent
Commerce Secretary Howard Lutnick
USTR Jamieson Greer
๐จ๐ณ China Delegation:
Vice Premier HeโฏLifeng
Senior trade officials
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๐ Key Issues on the Agenda
1๏ธโฃ Rare Earths & Critical Minerals
๐ชจ April's export block by China hit U.S. supply chains โ talks aim to restore reliable flows.
2๏ธโฃ Semiconductor Export Controls
๐ป New U.S. restrictions (like limits on AI chip sales to Huawei) remain a major sticking point.
3๏ธโฃ Other Flashpoints
๐ Student visas
โ๏ธ Fentanyl precursor chemicals
๐ Broader economic rifts
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๐ Market & Economic Signals
๐ Investor Mood:
Asian & U.S. markets opened higher
Oil prices nudged up โฝ
USD dipped slightly ๐ต as traders await outcomes
๐ Chinaโs Trade Data:
Exports to the U.S. fell ~10% YoY in May โ a sign of tariff pressure ๐ฆ๐ซ
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๐ What to Watch For
๐ Chinaโs Follow-through: Will rare earth exports resume smoothly?
โ๏ธ Tech Trade Tensions: Can both sides find a middle ground on chip exports?
๐ August Deadline Looms: Will this be a breakthroughโฆ or just delay the inevitable?
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โ Bottom Line
This London round is pivotal:
๐ Symbolic progress = Geneva truce holding ๐ค
๐ฆ Real-world progress = Rare earths + tech control clarity ๐ก
๐บ Stay tuned. These talks could shape the global economic outlook for months ahead.