#USChinaTradeTalks Here’s a summary of the latest U.S.–China trade talks (as of June 10, 2025):

🔹 Key Highlights:

• Talks resumed in London (June 9–10, 2025) between top U.S. and Chinese officials.

• The focus is on tariffs, rare earth mineral exports, semiconductor restrictions, and visa rules.

• Both sides aim to build on the 90-day trade truce agreed in Geneva in May 2025.

🔹 Major Issues:

• Rare Earth Minerals:

China had restricted exports; the U.S. is demanding full resumption for use in EVs, defense, and tech.

• Tariffs:

Current U.S. tariffs on Chinese goods average 51%; China’s tariffs on U.S. goods are about 32%.

Both want to ease these gradually.

• Tech & Visas:

The U.S. wants China to reduce tech-related trade barriers.

China is pushing for relaxed visa policies for its workers and students.

🔹 Market & Economic Impact:

• China’s exports to the U.S. dropped 34–35% year-over-year (May 2025) — the worst since COVID-19.

• Stock markets in Asia rose on optimism.

• Oil prices went up slightly due to hopes of increased trade activity.

🔹 Next Steps:

• A joint statement is expected later today.

• Watch for decisions on:

• Rare earth export licenses from China.

• U.S. position on semiconductor trade restrictions.

• Further reduction of tariffs.