Export control, especially rare minerals, should be the main theme of commercial negotiations between the United States and China on Monday (9) in London. According to Wall Street JournalThe Trump government will press Beijing to accelerate rare land exports and magnets as agreed in May in Geneva. The Chinese delegation, in turn, will ask for the purpose of restrictions imposed by Washington for the sale of jet engines, software and other technological products.
Since Geneva, the confidence between the two sides has deteriorated, with mutual accusations of non -compliance with the covenant that provided for the suspension of high tariffs. The White House says Beijing is making it difficult to release strategic mineral exports. China accuses the US of having violated the deal by issuing a warning about the use of Huawei Artificial Intelligence chips, which would have rekindled American pressure on the Chinese technological sector.
BESSENT leads delegation
In a gesture of goodwill, the China Ministry of Commerce announced on Saturday (7) the approval of export licenses for rare minerals, citing increasing demand in the sectors of robotics and new generation vehicles. Analysts point out that the inclusion of US Secretary of Commerce, Howard Lutnick, in the American delegation indicates willingness to address the theme with the Chinese team led by Deputy Breeding He Lifeng.
The US delegation is led by Treasury Secretary Scott Bessent and also includes commercial representative Jamieson Greer, who joined the negotiations of Trump’s First Trade War with China. The latest measures in the US Department of Commerce, which include suspension of jet engine export licenses, chip production software, have not yet been officially announced.
Chinese authorities claim that the US is using export controls as a pressure instrument. Members of the Trump administration argue that restrictions are based on national security, especially in the face of Chinese advancement in strategic areas such as artificial intelligence and aviation.
