11 June | Dollar

US and China agree on plan to revive flow of sensitive goods

US and China agree on plan to revive flow of sensitive goods

Bloomberg reports that during the two-day US-China talks, the sides worked out a plan to resume supplies of sensitive goods. It is now awaiting approval by the countries' leaders, Donald Trump and Xi Jinping.

United States Secretary of Commerce, Howard Lutnick, says that China has pledged to speed up exports of rare earth metals necessary for American automakers and defense companies. In response, Washington will ease restrictions on chip shipments to China. 

Bloomberg notes that this development should reassure investors. However, the plan could still be rejected by the leaders. Besides, the talks did not address such issues as China’s large trade surplus with the US and the dumping of American goods in the Chinese market.

US Trade Representative Jamieson Greer claims no other meetings are now scheduled, but the sides remain in contact.

Anton Volkov MarketCheese
Brent sell
Period: 19.12.2025 Expectation: 200 pips
Brent crude to remain within $62.5–$65 range
Yesterday at 10:55 AM 28
Period: 12.12.2025 Expectation: 1625 pips
GBPUSD correction looms as Fed easing bets grow
Yesterday at 09:48 AM 23
Period: 28.02.2026 Expectation: 7000 pips
USDJPY poised to extend its decline
Yesterday at 08:49 AM 13
Period: 31.03.2026 Expectation: 140 pips
Investing in Brent crude with $75.5 in sight
Yesterday at 08:49 AM 18
Period: 12.12.2025 Expectation: 935 pips
AUDCAD aims for new highs on strong fundamentals
Yesterday at 08:11 AM 14
Period: 11.12.2025 Expectation: 450 pips
Buying natural gas on way down before next rally
04 December 2025 58
Go to forecasts