#USChinaTradeTalks

🏛️ 1. Launch of the new round in London

Senior U.S. officials (Treasury Secretary Scott, Commerce Secretary Howard, and Trade Representative Jamison Greer) met with their Chinese counterparts (Vice Premier He) at Lancaster House, as part of a new mechanism for economic and trade consultations between the two countries.

⚙️ 2. Export file – Rare metals

Central topic: Easing China's restrictions on its rare metal exports.

Encouraging indicators: Approval of some export licenses as a goodwill gesture.

U.S. economic advisor Kevin stated he expects a "strong handshake" and rapid achievements once the sessions begin.

📉 3. Market and markets

U.S. stock markets rose due to optimism, with the S&P 500 index approaching its record level, while the weakness of the dollar supported the rise in gold.

Gold rose about 0.8% with a price of $3,335 per ounce, supported by the decline of the dollar.

🔍 4. Reality and challenges

Despite the optimism, some analysts believe the current round will be a "first step" and will not achieve radical solutions in the mechanisms of the Chinese economy or technical issues such as transistors and artificial intelligence.

European factory owners, especially in Germany, expressed concern about the impact of China's restrictions on the supply chain.