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cover of episode US-China trade talks: What’s up for grabs?

US-China trade talks: What’s up for grabs?

2025/6/10
logo of podcast World Business Report

World Business Report
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This chapter focuses on the US-China trade talks in London, highlighting the concerns of American businesses regarding non-tariff barriers imposed by China, particularly on rare earth minerals crucial for various industries. The impact of these restrictions on American supply chains and business confidence is discussed, along with China's concerns about US export controls on microchips and chip-making equipment.
  • US and China hold trade talks in London focusing on non-tariff barriers.
  • China's export controls on rare earths severely impact US supply chains.
  • 75% of American Chamber of Commerce members have three months or less of rare earth supply.
  • China is concerned about US restrictions on its technology companies and chip-making equipment.

Shownotes Transcript

While the US and China negotiating teams are locked in a second day of trade talks in London, we look at the key figures and businesses caught in the middle between the World’s two largest economies.

With the UK announcing a multibillion dollar project to build a new nuclear power station, Will Bain discusses how Europe is trying to have greater control of its energy supply in the aftermath of Russia’s invasion of Ukraine.

And why Japan is experiencing an extreme shortage of one of its staple foods - rice.

The latest business and finance news from around the world, on the BBC.