US and China meet for trade talks in London

A new round of trade talks between the United States and China has begun in London, aiming to ease tensions that have been affecting the global economy. Senior officials from both countries met at Lancaster House to discuss key issues, including the trade war that has led to increased tariffs on goods traded between the two largest economies in the world. This trade conflict has caused uncertainty and slowed economic growth worldwide.

One of the main points of discussion is China's control over rare earth metals, which are essential for producing modern technology such as smartphones, electric vehicles, and advanced electronics. China dominates the global supply of these metals, and the US is concerned about access to them. At the same time, the US has placed restrictions on China's ability to buy American products like computer chips and technology related to artificial intelligence. Both sides are trying to find a balance that allows trade to continue while protecting their own industries and security interests.

Last month, the US and China agreed to a temporary truce, reducing some tariffs and promising to ease trade barriers. However, both countries have accused each other of not fully following the agreement. The US claims China has been slow to release rare earth exports, while China complains about US restrictions on technology sales and visa cancellations for Chinese students. Recent talks follow a phone call between Presidents Donald Trump and Xi Jinping, which was described as positive. Officials hope that this new round of negotiations will lead to a stronger agreement that benefits both countries and supports global economic growth.