U.S. and China meet in London to ease trade tensions

Top U.S. and Chinese officials are meeting in London to cool rising trade tensions, with rare earth exports and global supply chain stability at the center of the talks.

Amid escalating trade disputes, U.S. and Chinese officials gathered in London to revive momentum after a temporary Geneva truce. Central to the talks are rare earth exports—crucial to electric vehicles and defense tech—with the U.S. seeking firm commitments from Beijing. The high-stakes meeting comes days after a Trump-Xi phone call led to China's partial resumption of rare earth shipments. Both economies are feeling the strain: U.S. GDP shrank in Q1, and China faces slower exports and deflation. While the U.K. hosts the talks, it is not participating. Investors are watching closely, with markets holding steady in anticipation.

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