The United States and China have agreed on a “framework” to extend their trade truce following high-level talks in London. Under the agreement, China will ease restrictions on the supply of rare earths to the US. In exchange, the US has indicated willingness to lift recent curbs on chip-design software, jet engine components, chemicals, and nuclear materials, while maintaining export controls on Nvidia AI processors.
Yuki Li is an Associate at The Asset. She specializes in covering topics related to Asia, Australia, New Zealand, the Pacific Islands, and South East Asia, with a keen focus on emerging markets and international finance. Yuki's insights and analyses have been featured in The Asset.
