#USChinaTradeTalks 🇺🇸🇨🇳 US–China Trade Talks Resume in London

1. Background & Stakes

After a 90-day truce brokered in Geneva (May 2025)—which saw U.S. tariffs drop from 145% to 30% and China’s from 125% to 10%—tensions have reignited. Friction over semiconductors, rare-earth minerals, and student visas threatens to derail progress.

2. Who’s Negotiating

U.S. delegation: Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, USTR Jamieson Greer

China: Vice Premier He Lifeng

Their goal: move beyond the Geneva ceasefire and address long-term challenges around tech export controls and strategic mineral supply chains.

3. Key Issues on the Table

Rare Earths & Export Controls:

China controls 99% of rare-earth processing and has halted exports citing strategic concerns. The U.S. seeks relief to protect supply chains in EVs, aerospace, and defense.