#USChinaTradeTalks The #USChinaTradeTalks currently underway in London mark a pivotal moment in the ongoing economic power struggle between the world’s two largest economies. U.S. officials, led by Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer, are negotiating with Chinese Vice Premier He Lifeng to build on the temporary tariff truce agreed upon in Geneva last month. Central to the talks are rare earth mineral exports, which China dominates, and semiconductor export controls imposed by the U.S. The Biden administration is exploring limited concessions to ensure access to critical materials, while China seeks tariff relief and tech access. Markets are cautiously optimistic, but experts warn that any deal will likely be narrow and transactional, not a comprehensive trade reset. The negotiations reflect deep geopolitical tensions, yet both sides appear willing to secure short-term economic stability amid global uncertainty.