From Nasdaq: 2025-06-10 15:04:00

US and Chinese officials met in London for talks, with the US offering to remove export controls on various items in exchange for increased rare-earth shipments from China. Talks went late into the night and marked the first high-level dialogue since the April Geneva meeting.

The US is willing to lift curbs on chip-design software, jet-engine components, chemicals, and nuclear materials in exchange for Beijing easing rare-earth export restrictions. High-end Nvidia AI chips remain restricted. Investors watch US equity futures for signs of trade de-escalation.

Negotiations in London saw the US team led by Bessent, Lutnick, and Greer, while the Chinese delegation, led by Vice Premier He Lifeng, pressed for clear licensing guidelines. A successful deal could stabilize AI supply chains and rare-earth markets, with follow-up talks likely if licensing definitions remain unresolved.



Read more at Nasdaq: US and China Edge Toward AI Tech Truce in London Talks