#USChinaTradeTalks Key talks between the US and China began today, aimed at saving a fragile trade truce and avoiding a new trade war. The meeting comes amid a worsening relationship since Donald Trump returned to the White House.
What's at stake?
The London meeting builds on previous agreements to reduce tariffs (US: from 145% to 30%; China: from 125% to 10% on US goods). However, new "hot spots" have emerged:
• Technology war: Controversy over Huawei chips and restrictions on access to semiconductors.
• Rare earth elements: China has introduced export licensing, causing concern worldwide.
• Student visas: The US policy of revoking visas for Chinese students is seen by Beijing as a breach of trust.
The American delegation is led by Scott Bessant, Howard Latnick, and Jamison Greer. The Chinese side is represented by Vice Premier He Lifeng.
Prospects and challenges:
Despite the resumption of dialogue, structural problems remain. The US seeks to reduce the trade deficit and reorient production, while China continues to develop in the field of high technology (electric cars, AI).
These talks are a second chance for the two economic giants. Their outcome will have a huge impact on global markets. Can the parties avoid "Trade War 2.0"? #WorldEconomy #Geopolitics #trade #news