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U.S. and China Make Headway in London Trade Talks

Hailed as fruitful, the opening talks have seen U.S. negotiators pressing Beijing to ease export curbs on rare earths.

In this photo released by Xinhua News Agency, Chinese Vice Premier He Lifeng, center right, and U.S. Treasury Secretary Scott Bessent, center left, pose for a group photo with delegations before their meeting to discuss China-U.S. trade, in London, Monday, June 9, 2025.
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Overview

  • The talks began June 9 in London with U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer meeting Chinese Vice Premier He Lifeng.
  • Commerce Secretary Lutnick described the discussions as "fruitful" and Treasury Secretary Bessent said the delegations had a "good meeting."
  • Washington is pressing Beijing for a formal handshake pledge to ease export curbs and free up rare earth mineral supplies.
  • President Trump said China is “not easy” to deal with but reported “good” feedback and expects a call from Chinese officials soon.
  • Negotiations are set to continue on June 10 as both sides seek to correct the course of bilateral trade relations.