The United States and China are negotiating in London to ease trade tensions and extend the fragile truce. The discussions focus on rare minerals, advanced semiconductors, and visa restrictions, with the aim of achieving trade balance. Markets remain cautious, aware of the impact of tensions on Chinese exports and macroeconomic uncertainty. Resuming talks is critical for global economic stability, but their outcomes remain uncertain, affecting market volatility and inflation expectations. The ability to find common ground will determine the future path of trade relations and global growth.