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Reuters

U.S., China set for second day of trade talks in London

Reuters · 1 month ago
Reuters
Reuters
1 month ago

Top U.S. and Chinese officials will resume trade talks for a second day in London, hoping to secure a breakthrough over export controls for goods such as rare earths that have threatened a global supply chain shock and slower economic growth.

Breakdown
  • U.S. and Chinese officials are holding a second day of trade talks in London.
  • Talks are led by U.S. Treasury Secretary Scott Besant and Chinese Vice Premier Hurley Feng. 6s
  • Key issues include China's export controls on rare earth minerals, vital for manufacturing. 44s
  • Beijing has granted rare earth export licenses to top U.S. automakers, but supply concerns remain. 1m 2s
  • A temporary deal to roll back tariffs was reached, but tensions and uncertainty persist. 1m 18s
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