#USChinaTradeTalks High‑level trade talks kicked off today (June 9, 2025) in London between the U.S. team—led by Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer—and China’s Vice Premier He Lifeng. They follow a tense Geneva truce and a Trump–Xi phone call that reopened dialogue. Key sticking points include rare‑earth mineral export restrictions, semiconductors, tariffs, and broader economic practices. The meeting aims for short‑term gains like increased U.S. purchases and renewed mineral exports, yet structural reforms remain unlikely. Markets are watching closely: investors remain cautiously optimistic but skeptical of deep breakthroughs. 

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