#USChinaTradeTalks Key Takeaways for Crypto Traders 🇺🇸🇨🇳
1. Trade Talk Highlights
• High-level US-China negotiations took place in London on June 9–10, led by Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, Trade Rep Greer, and China’s Vice Premier He Lifeng.
• Agenda included easing export controls on semiconductors and rare earth minerals. China has already approved some rare-earth export licenses; the US signaled willingness to ease certain chip restrictions.
• US optimism: Kevin Hassett expects a “short meeting” with a “big handshake” and actual results Still, disputes remain over advanced semiconductors, rare earths, and student visas
2.Crypto Market Response