#USChinaTradeTalks Update ⬆️ ⬇️

💥High‑level meeting underway

Senior U.S. officials—including Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer—have convened with Chinese Vice Premier He Lifeng in London’s Lancaster House on June 9, aiming to revive the 90‑day tariff truce established in Geneva on May 12.

💥Rare‑earth exports are central

The U.S. is pressing China to agree on easing rare‑earth mineral restrictions. Vice Premier He is expected to formally commit to resuming these exports, a major step for U.S. high‑tech industries.

💥Market and commodity reaction

Gold prices rose amid a softer dollar ahead of the talks, while oil futures remained steady, reflecting investor hopeful caution. Asian equities also rallied, with the Hang Seng jumping 1.4% on improved sentiment.

💥Remaining friction points

Despite optimism, disputes over semiconductors, export‑control mechanisms, Taiwan, fentanyl trafficking, and China’s economic model persist. Analysts warn the London meeting could yield only incremental breakthroughs rather than sweeping reform.

💥Bottom line:

The talks aim to solidify the Geneva ceasefire and re‑open rare‑earth supply channels, but broader structural disagreements loom large. Markets are cautiously optimistic, yet realism prevails pending more substantive agreements. #Write2Earn