US-China Trade Talks Begin in London 🇺🇸🇨🇳

High-level talks between the US and China commenced today at Lancaster House, London, aimed at reducing tensions in their ongoing trade war. 🏛️

🔑 Key Points:

• Delegations: the US team is led by Secretary of Commerce Howard Lutnick, Treasury Secretary Scott Bessent, and Trade Representative Jamison Greer. China is represented by Vice Premier He Lifeng and Minister of Commerce Wang Wentao.

• Main Topics: the export of rare earth metals from China (critical for technologies such as smartphones and electric vehicles) and US restrictions on semiconductors and artificial intelligence technologies.