#USChinaTradeTalks U.S.-China trade talks resumed today in London, aiming to address critical issues such as rare-earth minerals and advanced technology. This follows a 90-day truce initiated in May, reducing tariffs from 145% to 30% for the U.S. and from 125% to 10% for China. The U.S. delegation is led by Treasury Secretary Scott Bessent, while Vice Premier He Lifeng heads the Chinese team.

Despite the temporary tariff reductions, underlying tensions persist, including disputes over semiconductor access and export controls. China's exports to the U.S. declined nearly 10% in May, contributing to a broader economic slowdown. Both nations face domestic pressures, with the U.S. grappling with inflation concerns and China dealing with deflation and weak consumer demand. 

Markets are cautiously optimistic, with Asian shares rising ahead of the talks. However, investor sentiment remains wary of potential geopolitical and economic volatility. 

The outcome of these negotiations could significantly impact global trade dynamics and economic stability.