“Trade talks with China are going well as the two sides meet for a second day in London, seeking a decisive development in exports threatening a new rupture between the two superpowers,” said US Secretary of Commerce Latin. White House financial adviser Kevin Hasset said on Monday that “the US is ready to agree to remove export controls to some semiconductors in exchange for China to expedite the delivery of rare earths.” “The talks continued all day yesterday and I expect to continue all day today,” Latnik told reporters. “They are doing well and we spend a lot of time together.” Changes in Trump’s commercial policies have caused trails in world markets, have created crowds and confusion in large ports and have cost tens of billions of dollars in lost sales and higher costs. However, markets have recovered most of the losses they have suffered since Trump revealed the sweeping duties […]
Source: News Beast
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