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cover of episode Trade Talks: US and China meet in London

Trade Talks: US and China meet in London

2025/6/9
logo of podcast World Business Report

World Business Report
AI Chapters Transcript
Chapters
This chapter analyzes the impact of trade restrictions on China's economy, focusing on export slowdown, deflation, and the impetus for both sides to find a resolution. Experts discuss potential concessions and remaining points of contention.
  • China's export growth slowed to a three-month low in May.
  • China has been experiencing deflation.
  • Both sides are expected to make concessions, but high-end semiconductors and certain rare earths may remain points of contention.
  • Businesses in China are pressuring Beijing to stabilize US trade ties.

Shownotes Transcript

With trade tariffs slowing growth in China, the US wants to talk about rare earth minerals.

We'll have the latest on trade negotiations in London. And there's plenty of food on the programme as we meet meat producers in Spain worried about US tariffs.

We'll also hear how the cost of butter is soaring in New Zealand, even though much of it is made there.