Trade talks between the United States and China resume in London. The parties are seeking to strengthen the fragile truce in the trade dispute that has impacted the global economy. The negotiations, which will last at least a day, come after a round of talks in Geneva last month that resulted in a temporary truce.

*Key points in the talks*¹ ²:

- *Tariffs*: The United States and China agreed to suspend most mutual tariffs for 90 days, but there are still disputes over some issues.

- *Rare earth elements*: China has reduced its exports of rare earth elements, which are critical for industries such as electric vehicles, raising concerns in the United States.

- *Technological restrictions*: The United States wants China to allow American companies access to advanced technology, while China wants the United States to ease restrictions on the migration of Chinese students and access to U.S. markets.

- *Trade and cooperation*: Both parties hope to enhance trade cooperation and avoid further escalation in the trade dispute.

*Market reactions*:

- *Pound exchange rate*: The pound rose against the U.S. dollar ahead of the trade talks between the United States and China.

- *Bitcoin price*: The price of Bitcoin rose to around $107,700, reflecting optimism³