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.
Read next
22:00
Researchers at the University of Miami have discovered 230 new giant viruses in global ocean waters, shedding light on their hidden role in marine ecosystems and their potential impact on public health.
21:30
South African authorities have confirmed the deaths of a pilot and two passengers after a light aircraft crashed on Sunday in the KwaZulu-Natal province.
21:30
Warner Bros. Discovery will divide into two separate publicly traded companies, aiming to sharpen focus and maximize the value of its expansive media assets, the company announced Monday.
21:00
The UK government is exploring new online safety measures that could impose time limits and curfews on children's use of social media apps, in response to growing concerns about digital addiction and harmful content.
20:30
More than 400 Stagecoach bus drivers in Scotland have begun an all-out strike from June 9 over a pay dispute, causing major disruptions across Ayrshire, Lanarkshire, and parts of Glasgow.
What is your opinion on this topic?
Leave the first comment