#USChinaTradeTalks USChinaTradeTalks and There are US-China trade talks in London
– US Team: Secretary of the Treasury Scott Bessent, Secretary of Commerce Howard Lutnick, Trade Representative Jamieson Greer
– China Team: Vice Premier He Lifeng
– Purpose: to ease trade tensions, discuss export controls (rare earths)
– China's exports to the US fell by 34.5% in May – the largest decline since February 2020
– The market is showing a bit of optimism — S&P 500 futures are rising