US Confirms Trade Talks With China Going Well, Stocks & USD Could Boom
US Commerce Secretary Howard Lutnick confirmed that trade talks with China have resumed in London for a second day. Top US and Chinese officials are working to secure a breakthrough in trade deals for the exports and imports of goods. Dialogues over the export controls for rare earth minerals and other important goods are being discussed in the ongoing talks. The stock market and the US dollar are expected to surge if the trade talks go through. Also Read: De-Dollarization: Which Currency Will Replace the US Dollar? JUST IN: US Commerce Secretary Lutnick says trade talks with China are going well and will continue all day. — Watcher.Guru (@WatcherGuru) June 10, 2025 President Donald Trump also said on Tuesday “We’re doing well with China. China’s not easy,” as the discussions progress. The talks come after data from the Customs Department shows that China’s exports to the US plunged 34.5% in May. This was the steepest fall recorded since the outbrea...