#USChinaTradeTalks
🚨 U.S.-China Trade Talks Happening Today in London
Delegations:
U.S. Team: Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer
China Team: Vice Premier He Lifeng
Agenda:
Reducing trade tensions
Discussions on export controls, especially concerning rare earth elements
📉 China’s exports to the U.S. dropped by 34.5% in May, marking the steepest decline since February 2020
📈 Market Mood: Slight optimism visible — S&P 500 futures are trading higher