#USChinaTradeTalks High-level negotiations between U.S. and Chinese officials are underway in London this week, building on a 90-day tariff truce agreed in Geneva in May . The U.S. delegation—led by Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer—has demanded China resume rare-earth exports and ease export controls . In return, the U.S. may soften some semiconductor export restrictions . Although markets responded positively, lasting resolution remains uncertain amid broader tensions over technology, supply chains, student visas, and continued tariff vulnerability.