$BTC High-level delegation meetings: U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer met Chinese Vice‑Premier He Lifeng in London at Lancaster House. The talks aim to build on the 90‑day tariff truce negotiated in Geneva and a positive phone call between Trump and Xi on June 5 .

Key issues on the table:

Rare-earth minerals: The U.S. is pushing China to authorize more exports of critical minerals like neodymium, which are essential for electronics, defense, and EVs. China recently approved some rare-earth licenses, signaling tentative progress