#USChinaTradeTalks Meeting in London: Focus on Rare Earth Elements and Technologies

— Delegations led by U.S. Treasury Secretary Scott Bessent and Chinese Trade Representative He Lifeng are conducting key negotiations at Lancaster House aimed at easing tensions caused by restrictions on the export of rare earth metals and technology products. China has made concessions — export licenses have been issued.

— As a goodwill gesture, China has issued export licenses for rare earth materials, lifting some of the restrictions imposed in April.