#USChinaTradeTalks U.S. and Chinese officials met in London on June 9, 2025, building on a preliminary Geneva truce to reduce tariffs and ease export controls—especially on rare‑earth minerals. The U.S. delegation—led by Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer—focused on reviving commitments around technology access and supply chains. China’s export slump saw a 34–35 % drop to the U.S. in May, boosting investor hopes after markets rallied on optimism from the talks.