#USChinaTradeTalks Here’s the latest update on the U.S.–China trade talks – as of June 9, 2025:

🗓 What’s Happening Today

High-level officials from both nations are meeting in London today (June 9, 2025) to build on a fragile truce reached in May during the Geneva talks, which temporarily eased tariffs set during the trade war .

Who’s at the Table

U.S. delegation: Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and U.S. Trade Representative Jamieson Greer .

China delegation: Led by Vice Premier He Lifeng, alongside other senior trade officials .

Key Issues on the Agenda

1. Rare earth minerals & critical minerals: China’s temporary block last April disrupted U.S. supply chains. Talks aim to restore reliable exports .

2. Export control on advanced semiconductors: New U.S. restrictions (e.g. preventing Huawei from procuring AI chips) sparked tension.

3. Additional sticking points: student visas, fentanyl precursor chemicals, and broader economic disagreements

🌍 Market & Economic Signals

Investor mood: Asian and U.S. markets opened buoyantly, with stocks and oil prices climbing slightly on anticipated progress .

U.S. dollar dipped modestly ahead of the talks, as traders await concrete outcomes .

China’s trade data: Exports to the U.S. fell nearly 10% in May year-on-year, reflecting the ongoing tariff tensions .

📺 Context & Commentary

For a deeper look, here’s a Bloomberg preview video:

🔍 What to Watch For

China's compliance: Will Beijing follow through on increasing rare earth and critical mineral exports?

Tech control alignment: Will the U.S. ease semiconductor export rules, and will China accept revised terms?

Hill to next phase: These discussions set the stage for a broader deal deadline in August. Full resolution or just a long cooldown?

✅ Bottom Line

This London round is a critical test of momentum:

Symbolically, it reinforces the Geneva pause and ongoing dialogue.

Practically, export controls and rare earth access will make or break tangible progress.