#USChinaTradeTalks Here’s the latest on the US–China trade talks, taking place June 9, 2025, in London, where both sides are seeking to expand on a fragile truce reached in Geneva last month :

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🔍 What’s Happening

**Who’s in the room:**

U.S. team led by Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and U.S. Trade Representative Jamieson Greer. China is represented by Vice Premier He Lifeng, Commerce Minister Wang Wentao, and Vice Minister Li Chenggang .

**Key issues on the table:**

1. Rare-earth minerals & permanent magnets – China has tightened export controls, alarming industries globally .

2. Semiconductor/tech export restrictions – The U.S. is considering easing tech export limits; China may reciprocate on rare earths .

Market reaction:

Stocks are slightly up: S&P 500 +0.3%, NASDAQ +0.5% .

Gold is inching higher amid cautious optimism and a softer dollar, as investors monitor talk progress .

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🕊️ Why It Matters

90-day tariff truce: Signed in Geneva mid-May, pausing the previously steep tariffs of up to 145% (U.S.) and 125% (China) .

Diplomatic momentum: A recent Trump-Xi phone call set the stage for these talks .

Beyond tariffs: The agenda reflects deeper competition—resource security (rare earths), tech dominance, national security, and sensitive political issues like Taiwan and visas .

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🤝 Expected Outcomes

Short-term agreements likely:

Possibly a “handshake” deal: China to release more rare earths; U.S. to dial back tech export curbs .

No sweeping reforms anticipated:

U.S. pushes for structural change, but China remains firm on its economic model and self-reliance (“dual-circulation”) .

Global ripple effects:

Outcomes could help calm global markets, restore supply chains for tech and auto industries (especially for rare-earth magnet shortages), and ease gold’s safe-haven demand .

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🎥 Watch: Overview of the Talks

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⏳ What to Watch For Next

1. Duration – Talks may extend into Tuesday .

2. Official announcements – Look for joint statements or agreements on rare earths and tech exports.

3. Market shifts – Monitor macro indicators like stock indices, commodity shifts, and currency/dollar movements.

4. Broader implications – Any link to geopolitical tensions (Taiwan, fentanyl, visas), structural shifts, or U.S. investment rules.

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📌 TL;DR

Aspect Summary

When & Where June 9 onward, London (Lancaster House)

Core Topics Rare-earth access vs. U.S. tech export restrictions

Goal Extend tariff truce and stabilize supply chains

Likely Outcome Narrow agreement geared toward resource flow, with broader issues deferred

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Let me know if you’d like a deeper dive on any angle—economics, market impacts, or geopolitical context.