šŗšøšØš³ USāChina Trade Talks Update ā JuneāÆ9, 2025 šļø
š Location: London
šÆ Focus: Rareāearth export controls & semiconductor chip restrictions
Highlights from Day 1:
U.S. officials (Treasury Sec. Bessent, Commerce Sec. Lutnick, Trade Rep. Greer) met Chinaās Vice Premier HeāÆLifeng to tackle export barriers and tariffs euronews.com+15reuters.com+15washingtonpost.com+15.
China signaled goodwill by approving some rareāearth export licenses. U.S. aims to loosen its chip export curb in return investopedia.com+3wsj.com+3barrons.com+3.
May saw a 35% YOY drop in Chinese exports to the U.S.āthe steepest since early 2020āthough exports to Southeast Asia and the EU partially offset it wsj.com.
Markets reacted positively: chip stocks (Nvidia, AMD) rallied, Nasdaq gained, U.S. Treasury yields softened, and the dollar weakened wsj.com+1apnews.com+1.
Why it matters:
These talks could reset the global tech supply chain by reducing rare-earth and chip restrictions. With a 90-day tariff truce ending in August, progress now is key to avoiding renewed economic volatility foxnews.com+10investopedia.com+10reuters.com+10.
š” Quick Discussion Questions:
What do you think about the idea of China easing rare-earth exports in exchange for US chip export relief?
Do you believe this London meeting can prevent tariffs from escalating further, or is it just a temporary pause?
š Summary:
First dayās atmosphere: cooperative and results-oriented.
Market signal: optimism in tech stocks and bonds.
Big question ahead: Will the truce hold beyond August, and move toward a deeper trade resolution?
Let me know if youād like stats, charts, or a poll added!