#USChinaTradeTalks

The #USChinaTradeTalks resumed today in London with renewed urgency. U.S. officials led by Treasury Secretary Scott Bessent and China’s Vice Premier He Lifeng are tackling key issues like rare-earth export controls, AI chip access, and escalating tariffs. China’s exports to the U.S. dropped 35% in May, adding pressure for progress. Beijing’s approval of some mineral export licenses signals a possible thaw. In my view, while these talks may not solve deep-rooted tensions, they are a crucial step toward avoiding further economic fragmentation. As global inflation and tech rivalry rise, cooperation—even limited—will benefit both nations and stabilize global markets.