#USChinaTradeTalks

Trade talks between the United States and China continue in London amid rising tensions. The main goal is to ease tensions surrounding technology and critical materials exports, and to revive the trade truce signed in Geneva. The United States seeks guarantees from China regarding the easing of restrictions on rare earth metal exports, especially after China cut its exports of these critical materials used in various industries such as electric vehicles and smartphones.

*Main negotiation points:*

- *Rare earth metals*: China produces about 70% of the global supply, and the United States wants guarantees to resume the export of these materials.

- *Technology restrictions*: The United States wants to ease restrictions on American technology exports, such as chip design software and advanced chemicals.

- *Trade tensions*: China's exports to the United States fell by 34.5% in May, increasing pressure on the negotiations.

*Impact of talks on markets:*

- *Rise in technology stocks*: Shares of companies like Qualcomm and Advanced Micro Devices rose after the announcement of the resumption of talks.

- *Impact on cryptocurrencies*: Not directly affected, but market stability contributed to improving investor sentiment ¹$SOL