#USChinaTradeTalks

US-China trade talks are ongoing in London, focusing on resolving tariff disputes and strengthening economic relations. Key issues include China's export controls on rare earth elements, crucial for tech and auto industries, and US restrictions on AI chips and technology access. The talks, led by US officials Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent, and China's Vice Premier He Lifeng, aim to ease tensions. A temporary 90-day trade agreement has been reached, but tariffs above 100% on several goods are still a point of contention. Market reaction is cautious, with oil prices rising and gold steady ¹.