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Trade Talks with China Going Well, Says US Commerce Secretary

  • Trade talks between the US and China are going "really, really well", according to US Commerce Secretary Lutnick.
  • US officials are trying to resolve issues around China's blocking of rare earth mineral exports, which are critical to the US economy.
  • The impact of US tariffs on China has caused a sharp drop in Chinese exports to the US, but has had a muted effect on US inflation and jobs so far.
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China's vice premier says Beijing is ready to "enhance cooperation" with the United States after talks in London yielded significant results, Chinese media reported. U.S. Commerce Secretary Howard Lutnick expressed optimism after a full day of talks, saying he believed concerns over rare earth metals and magnets would be "resolved" once the deal takes effect. The deal, however, still needs to be ratified...

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  • 48% of the sources are Center
48% Center
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U.S. News broke the news in New York, United States on Monday, June 9, 2025.
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