US and Chinese officials have begun new trade talks in London, focusing on rare earth exports and access to advanced US technology. Despite a recent truce, both sides accuse each other of breaching agreements, particularly on critical minerals and technology restrictions.
Key takeaways:
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Rare earth exports and technology access are central to the negotiations.
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Both countries claim the other has violated recent trade agreements.
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Rising trade barriers have led to a downgrade in global economic growth projections.
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