The presence of the US Secretary of Commerce, Howard Lutnick, in the American delegation signals an opening to deal with the theme directly with the group led by the Chinese deputy, he Lifeng
Export control, especially rare minerals, should master the agenda of commercial negotiations between and this Monday (9) in London. According to the Wall Street Journal, the government intends to press Beijing to accelerate the sending of rare land and magnets, as established in the agreement signed in May in Geneva. On the other hand, the Chinese delegation will seek the removal of restrictions imposed by Washington on the export of jet engines, software and other technological products.
Since the meeting in Geneva, the confidence between the two countries has deteriorated, with both sides accusing the other of breaking the covenant that provided for the suspension of high tariffs. The White House claims that Beijing is making it difficult to release strategic mineral exports. The Chinese government accuses the US of violating the agreement by issuing alerts about the use of Huawei artificial intelligence chips, which would have intensified American pressure on the Chinese technological sector.
As a sign of goodwill, the China Ministry of Commerce announced on Saturday (7) the granting of new export licenses for rare mineral products, citing increased demand in areas such as robotics and new generation vehicles. The presence of the US Secretary of Commerce, Howard Lutnick, in the US delegation signals an opening to deal with the theme directly with the group led by Chinese deputy lawn, he Lifeng.
The US team is led by Treasury Secretary Scott Bessent and also has commercial representative Jamieson Greer, who participated in negotiations during the First Trade War between Trump and China. The latest actions of the American Trade Department, such as the suspension of licenses for jet engines, chip production software, have not yet been officially disclosed.
Chinese authorities accuse the US of using export controls as a form of political pressure. In contrast, members of the Trump administration advocate restrictions as national security measures, especially in the face of Chinese advancement in strategic sectors such as artificial intelligence and aviation.
*Report produced with the aid of AI
Posted by Carol Santos
