#USChinaTradeTalks

**US-China Business Talks (June 9, 2025):**

- **Location:** London, started June 9.

- **US Demands:** Easing China's restrictions on **rare earth metal** exports (crucial for technology and defense).

- **Chinese Counter:** Lifting US restrictions on **technology exports**.

- **Background:**

- Sharp contraction in China's exports to the US (⤵️ 34.5% annually, worst rate since 2020).

- Tensions from the preliminary Geneva agreement (May 2025).

- **Impact:**

- Avoidance of reciprocal tariff escalation.

- Stabilization of global supply chains if talks succeed.

Results may affect markets and monetary policies soon.