#USChinaTradeTalks 🇨🇳🇺🇸 What’s at Stake

Rare‑Earths vs. Semiconductor Chips

The talks center on China resuming rare-earth elements and magnet exports—critical for EVs, defense, and tech—after a steep ~35% plunge in May exports to the U.S. .

In return, the U.S. is considering easing export controls on certain semiconductor chips, though high-end chips from firms like Nvidia remain restricted .

Key Players

U.S. delegation: Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and U.S. Trade Representative Jamieson Greer .

China delegation: Vice Premier He Lifeng, Commerce Minister Wang Wentao, and Trade Negotiator Li Chenggang .