#USChinaTradeTalks USChinaTradeTalks Update – London, June 9, 2025

1️⃣ High-level meeting in London

U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Rep. Jamieson Greer are discussing a fragile 90‑day tariff truce with China’s Vice Premier He Lifeng at Lancaster House  .

2️⃣ Core issues on the table

• Rare‑earth exports — U.S. is pushing China to accelerate shipments after Geneva’s pause  .

• Tech & advanced chips controls — possibility of easing U.S. export limits in exchange .

3️⃣ The political backdrop

• A “very good” Trump–Xi call on June 5 set the stage, credited with reviving this second round .

• The first round in Geneva (May 12) paused 100%+ tariffs for 90 days—this London meeting aims to reinforce that truce