#USChinaTradeTalks US-China Trade Talks: A Shaky Truce in 2025
High-stakes US-China trade talks are underway in London, aiming to salvage a fragile tariff truce. Following a "very positive" call between Presidents Trump and Xi, delegations are trying to de-escalate tensions that intensified despite a May agreement to slash tariffs.
Key issues include Chinese rare earth export restrictions and US curbs on advanced tech like chips. While both sides have accused the other of breaching the initial deal, recent approvals of rare earth export licenses offer a glimmer of hope. The path to a lasting resolution remains uncertain, but ongoing dialogue is crucial to avoid further trade war escalation.