#USChinaTradeTalks US and China trade officials are currently engaged in a new round of high-stakes talks in London, aiming to solidify a shaky truce. These discussions follow a recent phone call between Presidents Trump and Xi, which both sides described as positive. Key sticking points include China's restrictions on rare earth mineral exports, vital for US industries, and US export controls on advanced technology, particularly semiconductors, impacting Chinese tech giants like Huawei. Both nations have accused each other of breaching a temporary tariff reduction deal made in Geneva last month, highlighting the fragility of progress despite the current efforts to de-escalate tensions and reach a more permanent trade agreement within a 90-day deadline.