US, China hold trade talks in London
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One expert said he expected loosened controls on U.S. exports of semiconductors in exchange for China's releasing of more rare earths.
The U.S. and China are extending trade talks in London aiming for a breakthrough in export control disputes. U.S. Treasury Secretary Scott Bessent and other key officials are working to resolve tensions over tariffs and rare earths,
As U.S. and Chinese negotiators meet for trade talks, a primary concern for Washington will be whether Beijing eases the flow of rare earth materials.