#USChinaTradeTalks US-China trade talks are ongoing, with recent discussions held in London aimed at strengthening a temporary 90-day trade agreement. Key issues on the table include ¹ ²:

- *Rare Earth Elements*: China's export restrictions on rare earth elements, crucial for industries like tech and automotive, are a major point of contention. The US is pushing for resumed shipments.

- *Tariffs*: The US and China have implemented tit-for-tat tariffs, with rates exceeding 100% on certain goods. There's uncertainty about whether the US will lower tariffs unilaterally or require China to make concessions.

- *Semiconductors and AI Technology*: Disputes over semiconductors and AI technology are also part of the talks, with the US voicing frustration over China's restrictions.

- *Chinese Students in US Universities*: The US has tightened restrictions on Chinese students, which China has pushed back against.

The talks involve top officials from both countries, including ¹:

- *US Team*: Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer.

- *Chinese Delegation*: Led by Vice Premier He Lifeng and Commerce Minister Wang Wentao.

The outcome of these talks could significantly impact global markets, including oil prices and trade dynamics. While there have been reports of progress, details remain scarce, and skepticism persists about reaching a lasting agreement ³.