#USChinaTradeTalks
📢 US-China Trade Talks Updates 🇺🇲🇨🇳
US-China trade talks are underway in London, aiming to resolve tariff disputes and strengthen economic relations. Led by Chinese Vice Premier He Lifeng and US officials, the discussions follow a first round of talks in Geneva.
📌 Key Issues:
- Tariff disputes and compliance with the Geneva deal
- Rare earth shipments crucial for electric vehicle batteries
- Economic cooperation and access to advanced technology
📌 Market Impact:
- Gold prices rose 0.4% to $3,324.21 an ounce
- US dollar remained subdued, keeping gold cheaper for buyers
- Global markets driven by optimism over trade talks and mixed Chinese economic data
The talks' outcome will have significant implications for global economic growth and market stability. A positive outcome could boost market sentiment, while a negative outcome could trigger volatility. Investors are closely watching the developments.
