#USChinaTradeTalks Recent developments in US-China trade talks indicate a complex and evolving situation, with negotiations currently underway in London.

Key Points:

* London Talks: Top US and Chinese officials are meeting in London (as of Monday, June 9, 2025) to address trade tensions. This follows a previous round of talks in Geneva in May.

* Tariff Truce and Breaches: A temporary truce was agreed upon in May, which saw both sides significantly reduce their tariffs for 90 days. However, both the US and China have accused each other of breaching this agreement.

* US Allegations: The US claims China has been slow to release exports of rare earth metals and magnets, which are crucial for various industries.

* China's Allegations: China states that US violations include stopping sales of computer chip design software to Chinese companies, warning against using Huawei chips, and canceling visas for Chinese students.

* Technology and Rare Earths as Sticking Points: Technology (particularly advanced semiconductors and AI chips) and rare earth minerals remain major areas of contention. The US has issued guidance suggesting that the use of Huawei's Ascend AI chips, potentially developed with American technology, could violate export controls.