#USChinaTradeTalks A fragile truce, with ongoing tensions and mutual accusations of violating agreements. Here is a summary
* The trade war between the United States and China has resurfaced following the return of American President Donald Trump to the White House, who imposed escalating tariffs on Chinese goods.
* China responded by imposing similar tariffs, leading to a significant decline in trade between the two countries and disruptions in global markets.
Latest updates (June 2025):
* Temporary truce and tariff reductions: In mid-May, both sides reached a "truce" for 90 days in Geneva, during which tariffs were significantly reduced:
* The United States has reduced its tariffs on Chinese products from 145% to 30%.
* China has reduced its tariffs on American imports from 125% to 10%.
* China also promised to lift restrictions on rare earth metal exports.
* Mutual accusations of violating the truce:
* The United States accuses China: After the agreement, the United States accused China of not fulfilling its promises, particularly regarding lifting restrictions on rare earth metal exports.
* China accuses the United States: China accused the United States of violating the agreement by halting the sale of computer chip design programs to Chinese companies, warning against the use of Huawei chips, and canceling Chinese student visas.
* A new round of talks in London: On June 9, 2025, senior officials from both countries began a new round of talks in London, following a phone call between President Trump and President Xi Jinping described as "very good".
* Key issues for discussions: The key issues in the current talks include:
* China's exports of rare earth metals (which are critical for many technology industries).
* China's access to American products and technology, including semiconductors and artificial intelligence.
* Restrictions on Chinese student visas.
General situation:
* Although tariffs have been temporarily reduced, their levels remain historically high.
* Deep structural disagreements remain between the two countries on issues such as intellectual property protection, forced technology transfer, and unfair trade practices$BTC
