#USChinaTradeTalks The US and China are holding high-stakes trade talks in London to ease tensions and potentially lead to a prolonged negotiation cycle. Key issues include:

- Rare Earths: China has a near-monopoly on rare earth magnets, crucial for electric vehicle motors and semiconductors. The US wants China to ease export restrictions, but China hasn't fully complied with the Geneva agreement.

- Tariffs: Both countries agreed to pause new tariffs for 90 days in Geneva, but existing tariffs remain, with the US imposing up to 145% on some Chinese goods.

- Technology Export Controls: The US has blocked China's access to cutting-edge chip design tools and AI-related software, citing national security concerns.

The talks aim to resolve these issues and stabilize global markets.