#USChinaTradeTalks #USChinaTradeTalks The first session of the new round took place today (Monday, June 9, 2025) in London, at the "Lancaster House," and discussions will continue until tomorrow, Tuesday.

Washington is seeking a new commitment from China regarding the export of rare earth metals, which are essential components in industries such as electric vehicles and electronics.

China has already issued some export licenses, signaling a gesture of goodwill.

After the interim round in Geneva in mid-May, tensions returned when accusations were made by both sides of not adhering to their promises. Washington raised tariffs to 145%, while China responded with 125% before temporarily retreating to 30% and 10%.