#USChinaTradeTalks #USChinaTradeTalks
🇺🇸🇨🇳 Renewed Trade Negotiations: US–China Talks in London
1. Context & Stakes
Following a 90-day truce in Geneva (May 2025), both nations paused escalating tariffs—U.S. tariffs dropping from 145% to 30%, and China’s from 125% to 10% . But tensions resurfaced over semiconductors, rare-earth minerals, and even student visas, threatening a fresh confrontation .
2. Who’s at the Table
U.S. delegation: Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, U.S. Trade Rep. Jamieson Greer .
China’s side: Vice Premier He Lifeng heads the delegation .
Their mandate: advance beyond Geneva’s pause to tackle deeper issues around technology export controls and mineral supply chains, central to global industrial competitiveness.
3. Key Topics on the Agenda
Rare-Earth & Export Controls
China dominates 99% of the world’s rare earth processing and has already suspended mineral exports due to strategic considerations . America is pushing for easing these restrictions to secure supply chains in industries like EVs, aerospace, and defense .
Tech & Semiconductors
The U.S. has tightened controls on semiconductors and AI-related export tech—especially affecting companies like Huawei—sparking uproar in Beijing .
London talks are expected to either reaffirm or bridge these regulatory divides .
Broader Frictions
Beyond trade, talks are shadowed by issues over China’s rare-earth export limits, U.S. threats to revoke Chinese student visas, and geopolitical matters like Taiwan and fentanyl control—adding layers of complexity .
4. Market Reaction & Economic Signals
Stock & futures markets were cautiously bullish: S&P 500, Dow & Nasdaq futures were flat-to-weak, but Asia markets rallied—Kospi up ~1.9%, Nikkei ~1.1% .
Oil prices held steady (~Brent $66/barrel), buoyed by optimism around trade stability