#USChinaTradeTalks US-China Trade Talks: What's Happening?
Latest events
Major trade talks between the US and China are reportedly taking place in London today (June 10, 2025). The talks are aimed at reducing trade tensions between the world's two largest economies.
Key participants in the negotiations:
The following are participating in the negotiations on the American side:
- Treasury Secretary Scott Bessent
- Commerce Secretary Howard Lutnick
- US Trade Representative Jamison Greer
The Chinese delegation includes high-ranking officials, although their names are not listed in available sources.
Key issues of negotiations
1. Rare earth metals - The U.S. is seeking to restore supplies of these critical minerals to levels before the trade war escalated in April 2025. These materials are needed to produce electronics, electric vehicles, and military equipment.
2. Export Controls – Negotiations have expanded beyond just tariffs to include controls on goods and components critical to global supply chains.
3. Tariff Reductions – Following the recent agreement in Geneva to reduce tariffs for 90 days, the parties are looking for opportunities for further progress.
Market reaction
According to the data, there is positive dynamics in the markets against the backdrop of the negotiations:
- Futures on Canada's main index rose 0.17% ahead of talks
- Wall Street stock indexes opened higher on Monday
- The dollar rate has stabilized after the previous rally
Impact on the cryptocurrency market
Against the backdrop of these events, the cryptocurrency market is also showing growth. As of June 10, 2025:
- Bitcoin (BTC): 107,813.63 USDT (+0.16% in the last 4 hours)
- Ethereum (ETH): 2,544.92 USDT (+0.42% in the last 4 hours)
- Solana (SOL): 155.44 USDT (+0.27% in the last 4 hours)
This may indicate that investors are positive about the possibility of easing trade tensions between the US and China.
What are the prospects for negotiations?
Experts say the talks are likely to produce only a limited agreement that could slow, but not stop, the deterioration of trade ties between the countries. China is likely to retain control over rare earth metal exports, despite a recent friendly phone call between President Trump and Chinese leader Xi Jinping.
It is important to note that these negotiations are taking place at a critical time for both economies: China is struggling with deflation, and in the US, trade uncertainty is negatively affecting business and consumer sentiment.
