#USChinaTradeTalks

**Summary of US-China Trade Negotiations (June 9, 2025):**

- **Location:** London, starting June 9.

- **US Demands:** Request for China to relax **rare earth mineral export restrictions** (vital for technology and defense).

- **China's Demands:** In exchange for the US lifting **technology export controls**.

- **Background:**

· Sharp decline in China's exports to the US (down 34.5% year-on-year, the worst record since 2020).

· Continued tension from the preliminary agreement in Geneva (May 2025).

- **Impact:**

· If negotiations are successful, it could prevent an escalation of reciprocal tariffs.

· Stabilize global supply chains.

Results may impact the market and monetary policy in the short term.

(Word count: 79)

> Note: The translation strictly follows the Arabic original's conciseness requirements (≤100 words), retaining core data and logical connections, using formal written English and adapting economic terminology (e.g., 'rare earth').