#USChinaTradeTalks US-China trade talks are currently underway in London, aimed at resolving tariff disputes and strengthening economic relations between the two countries. The talks come amid heightened trade hostility and geopolitical tension, particularly surrounding China's control over critical minerals like rare earths.
*Key Issues:*
- *Rare Earths Export Tensions*: The US is concerned about China's grip on rare-earth minerals and magnets, crucial for smartphones, electric vehicles, and military systems.
- *Tariff Disputes*: The US has imposed tariffs on Chinese imports, with rates reaching over 100% on some goods. China has retaliated with 125% levies on US goods.
- *Trade War De-escalation*: Both sides are aiming to "de-escalate" the trade war, with the US seeking to ensure the flow of rare-earth minerals and China pushing for reduced US restrictions on AI chips and technology access.
*Recent Developments:*
- *Previous Talks*: US and Chinese officials met in Geneva in May to discuss trade tensions, but