#USChinaTradeTalks Day 1 Results (June 9, 2025) — London

• Negotiations continue: major trade talks began in London (city hearings at Lancaster House) and will last into the second day  .

• Main topic – rare earth metals: China has temporarily eased export restrictions and started issuing licenses for rare earth supplies (neodymium, terbium), which is extremely important for automotive and electronics manufacturers .

• The US is ready to ease restrictions: Washington has expressed willingness to lift some export restrictions on advanced technologies and chips if China increases rare earth supplies .

• Economic background: Chinese export volumes to the US fell by about 34–35% in May compared to May of last year, the largest decline since February 2020 .

• Financial response: Markets are awaiting developments: technology stocks received a slight boost, Nasdaq rose, the dollar weakened slightly, and bond yields fell.