China, Trade Talks
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Officials from the world’s largest economies will try to strike a deal Tuesday to relax painful export restrictions that they have imposed on each other.
2don MSN
Stock markets around the world are generally holding in place as the wait continues to hear what will come of trade talks underway between the United States and China.
A Chinese delegation led by Vice Premier He Lifeng held talks with U.S. Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer at Lancaster House, an ornate 200-year-old mansion near Buckingham Palace.
China has approved “a certain number” of export permits for rare earth elements and related items, its commerce ministry spokesman said on Thursday
China has reported its exports rose 4.8% in May from a year earlier, lower than expected as shipments to the United States fell nearly 10%