US, China Gear Up for High-Stakes Meeting in London

While rare earth exports have resumed, they remain below the levels outlined in the Geneva agreement, Trump’s economic adviser says.

U.S. Treasury Secretary Scott Bessent (R) and U.S. Trade Representative Jamieson Greer hold a news conference in Geneva on May 12, 2025. Fabrice Coffrini/AFP via Getty Images

WASHINGTON—Trade negotiators from the United States and China are heading back to the table on June 9, but this time in London, in a renewed effort to break the deadlock after last month’s Geneva talks failed to produce meaningful results.

The high-stakes meeting follows President Donald Trump’s call with Chinese leader Xi Jinping on June 5, after which Trump announced that the dispute over China’s rare earth export restrictions—a key obstacle in trade talks—had been resolved.