"After the Xi-Trump hotline" A new round of negotiations between the U.S. and China will take place in London on the 9th, with tariffs and rare earth trade as the focal points.
The U.S.-China Trade Representative is about to hold a new round of consultations in London on the 9th, with tariffs and rare earth issues as the core, and the market is concerned about whether the deadlock can be resolved. (Synopsis: Trump is real!) Signing an executive order to "shut down the Ministry of Education" has cut most of its employees, and the Democratic Party threatened to boycott the complaint) (Background supplement: Trump will sign an executive order to end the "debanking" policy of cryptocurrencies, does Taiwan have a chance to follow? After weeks of nervousness, U.S. President Donald Trump and Chinese President Xi Jinping spoke earlier this week, providing an opportunity for détente in strained U.S.-China relations. Trump then announced that representatives of the two countries would begin a new round of trade talks on June 9 in London, England. U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer will meet with Chinese officials. On the Chinese side, Vice Premier He Lifeng will also participate in relevant talks. The outside world expects this meeting to find an outlet for the ongoing trade friction, but if it is broken, it may bring more volatility (the talks between the two sides should start late on the night of the 9th Taiwan time) London Talks Focus The core topics of the London talks will revolve around further negotiations on bilateral tariffs and China's export controls on rare earth minerals. Both issues are critical to the economic stability of both sides. Trump has been optimistic about this, but there are still big variables: This meeting should go well. Earlier talks in May, the two sides reached a 90-day agreement in Geneva to phase out some retaliatory tariffs and significantly reduce the tariffs imposed from April 2, 2025. Markets have reacted positively to this preliminary deal, such as the S&P 500, which fell nearly 18% at one point in early April due to the tariff announcement, and has since recovered significantly, just about 2% from its all-time high in mid-February. However, the ink on the agreement has not yet dried, and the United States has recently taken a series of tough measures against China: The United States intends to restrict the sale of software services related to chip designs to Chinese companies U.S. Secretary of State Rubio announced via X that he will revoke Chinese student visas linked to the CCP The U.S. Department of Commerce has suspended some export licenses to supply engine parts and technology to COMAC (COMAC) Rare earth dispute: a stumbling block to the trade truce According to foreign media analysis, the main reason for the United States to strengthen pressure again is that the United States explicitly asked China to immediately resume rare earth exports to the United States at the Geneva meeting, but Beijing continued to delay the approval of relevant export licenses. The move has had a material impact on some U.S. automakers, and may even force them to cut or stop production. We know that rare earths are indispensable to modern industry and are widely used in key fields such as electric motor magnets, wind turbines, defense systems and high-tech equipment. Data show that in 2023, the United States will import about 65% of rare earths from China, and China currently controls about 60% of global rare earth production and more than 85% of its processing capacity, which gives it significant bargaining chips in international geopolitics. Source: Clcouncil.org Deep differences remain, negotiation prospects challenging Although the London talks mark an attempt by the United States and China to de-escalate trade tensions, there are still deep structural differences between the two sides. Investors worry that Trump's repeated tariffs could hit market stability, while China faces U.S. export restrictions in high-tech fields such as chip design software and key parts for nuclear power plants. The London talks are an important step for the two sides to mend trade relations and try to establish a stable communication mechanism. The results will not only affect the economies of the two countries, but will also have a far-reaching impact on the stability and development direction of the global economy. Related reports Trump White House Crypto Summit: Reiterating Bitcoin Reserve Executive Order "Only Mention 1 Update", BTC Drops 85,000 Magnesium Full text of the US Bitcoin Strategic Reserve Executive Order: The Department of Finance has a special office, and all federal agencies report BTC transfer authority within 30 days From a legal point of view, what are Trump's hidden worries about establishing Bitcoin reserves? Can the next president overturn an executive order? "After the Sichuan Xi Hotline" A new round of negotiations between the United States and China appeared in London on the 9th, tariffs and rare earth trade are the focus" This article was first published in BlockTempo "Dynamic Trend - The Most Influential Blockchain News Media".
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· 06-08 07:35
A stablecoin backed by rare earth elements - could this become a reality?
"After the Xi-Trump hotline" A new round of negotiations between the U.S. and China will take place in London on the 9th, with tariffs and rare earth trade as the focal points.
The U.S.-China Trade Representative is about to hold a new round of consultations in London on the 9th, with tariffs and rare earth issues as the core, and the market is concerned about whether the deadlock can be resolved. (Synopsis: Trump is real!) Signing an executive order to "shut down the Ministry of Education" has cut most of its employees, and the Democratic Party threatened to boycott the complaint) (Background supplement: Trump will sign an executive order to end the "debanking" policy of cryptocurrencies, does Taiwan have a chance to follow? After weeks of nervousness, U.S. President Donald Trump and Chinese President Xi Jinping spoke earlier this week, providing an opportunity for détente in strained U.S.-China relations. Trump then announced that representatives of the two countries would begin a new round of trade talks on June 9 in London, England. U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer will meet with Chinese officials. On the Chinese side, Vice Premier He Lifeng will also participate in relevant talks. The outside world expects this meeting to find an outlet for the ongoing trade friction, but if it is broken, it may bring more volatility (the talks between the two sides should start late on the night of the 9th Taiwan time) London Talks Focus The core topics of the London talks will revolve around further negotiations on bilateral tariffs and China's export controls on rare earth minerals. Both issues are critical to the economic stability of both sides. Trump has been optimistic about this, but there are still big variables: This meeting should go well. Earlier talks in May, the two sides reached a 90-day agreement in Geneva to phase out some retaliatory tariffs and significantly reduce the tariffs imposed from April 2, 2025. Markets have reacted positively to this preliminary deal, such as the S&P 500, which fell nearly 18% at one point in early April due to the tariff announcement, and has since recovered significantly, just about 2% from its all-time high in mid-February. However, the ink on the agreement has not yet dried, and the United States has recently taken a series of tough measures against China: The United States intends to restrict the sale of software services related to chip designs to Chinese companies U.S. Secretary of State Rubio announced via X that he will revoke Chinese student visas linked to the CCP The U.S. Department of Commerce has suspended some export licenses to supply engine parts and technology to COMAC (COMAC) Rare earth dispute: a stumbling block to the trade truce According to foreign media analysis, the main reason for the United States to strengthen pressure again is that the United States explicitly asked China to immediately resume rare earth exports to the United States at the Geneva meeting, but Beijing continued to delay the approval of relevant export licenses. The move has had a material impact on some U.S. automakers, and may even force them to cut or stop production. We know that rare earths are indispensable to modern industry and are widely used in key fields such as electric motor magnets, wind turbines, defense systems and high-tech equipment. Data show that in 2023, the United States will import about 65% of rare earths from China, and China currently controls about 60% of global rare earth production and more than 85% of its processing capacity, which gives it significant bargaining chips in international geopolitics. Source: Clcouncil.org Deep differences remain, negotiation prospects challenging Although the London talks mark an attempt by the United States and China to de-escalate trade tensions, there are still deep structural differences between the two sides. Investors worry that Trump's repeated tariffs could hit market stability, while China faces U.S. export restrictions in high-tech fields such as chip design software and key parts for nuclear power plants. The London talks are an important step for the two sides to mend trade relations and try to establish a stable communication mechanism. The results will not only affect the economies of the two countries, but will also have a far-reaching impact on the stability and development direction of the global economy. Related reports Trump White House Crypto Summit: Reiterating Bitcoin Reserve Executive Order "Only Mention 1 Update", BTC Drops 85,000 Magnesium Full text of the US Bitcoin Strategic Reserve Executive Order: The Department of Finance has a special office, and all federal agencies report BTC transfer authority within 30 days From a legal point of view, what are Trump's hidden worries about establishing Bitcoin reserves? Can the next president overturn an executive order? "After the Sichuan Xi Hotline" A new round of negotiations between the United States and China appeared in London on the 9th, tariffs and rare earth trade are the focus" This article was first published in BlockTempo "Dynamic Trend - The Most Influential Blockchain News Media".