U.S.–China Trade Talks Show Progress Amid Rare Earth Tensions
Trade negotiations between the U.S. and China are advancing toward a potential breakthrough, with both sides working to avert further escalation. Jamieson Greer, the U.S. trade representative, signaled Optimism ahead of a critical meeting between President Donald Trump and Chinese officials. Discussions focused on maintaining a pause in new trade actions, though rare earth export controls remain a contentious issue.
The talks, held alongside a Southeast Asian summit, mark the fifth face-to-face engagement since May. Treasury Secretary Scott Bessent and Chinese economic official He Lifeng led the dialogue, which also addressed Trump's looming threat of 100% tariffs on Chinese goods. Rare earth minerals—a strategic resource for technology and defense—dominated the agenda after China tightened export limits.
