#中美贸易谈判

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As of June 9, 2025, high-level trade talks between China and the United States have resumed in London, aiming to continue the 90-day tariff truce agreement reached in Geneva  . The U.S. representatives include Treasury Secretary Basent and Commerce Secretary Rutnik, focusing on core issues such as high tariffs, rare earth exports, and technology restrictions .

Technical Analysis:

• The Geneva agreement significantly reduces tariffs to 30% for the U.S. and 10% for China, setting a loose tone for the London negotiations ;

• However, the focus of the negotiations remains on structural disputes regarding rare earths, semiconductors, and technology supply chains, with expectations that the outcomes in London will primarily be short-term agreements, making systemic reforms challenging.

Market Impact:

Currently, the pace of negotiations leans towards exploration and partial agreements, with no signs of concessions from either side, thus market reactions remain cautious; if there is no substantial progress, global risk assets may come under pressure.