Trade negotiators from the U.S. and China are back at the table—this time in Stockholm—as the world watches to see if the two economic giants can build on recent progress. 🔥 The latest round follows a London meeting where both sides agreed to slash tariffs exceeding 100% on key exports and hit pause on new trade measures for 90 days. With the mid-August deadline looming, insiders suggest an extension might be in the cards. 🕒
Tech & Minerals: The New Bargaining Chips
In a sign of thawing tensions, the U.S. recently greenlit some high-end semiconductor exports to the Chinese mainland, while Beijing eased restrictions on rare earth minerals—a critical resource for American tech and defense industries. 💻🛡️ Analysts say these moves signal a “trust-building phase” ahead of tougher negotiations.
What’s Next?
While neither side has dropped their “game face,” the Stockholm talks could set the tone for global markets in 2024. 🌐 Young professionals and investors are eyeing outcomes that could reshape supply chains, from EVs to AI hardware. Stay tuned for updates as the clock ticks! ⏳
Reference(s):
cgtn.com