#USChinaTradeTalks The USA and China are resuming trade talks today in London with a focus on the export of rare earth elements.

The USA has many levers of influence - semiconductors, jet engines, software, ethane, tariffs, and so on - but China has what can devastate the US economy in a matter of weeks:

Refined rare earth minerals and products made from them.

For example, China produces virtually all permanent magnets in the world, without which no car can be manufactured in the USA!

P.S. Trade negotiations historically create volatility, but the real alpha income is in fundamental factors. BTC shows strength at $105k, despite macroeconomic uncertainty. Keep your positions adequately sized and don't succumb to noise.