U.S. Trade Representative Jamieson Greer has signaled that no major breakthrough is expected in the latest round of trade talks with China, despite both sides agreeing to meet. The U.S. is simultaneously working on trade deals with the European Union and other partners, but progress with China remains slow. Greer emphasized that while dialogue is ongoing, significant changes or agreements are unlikely in the immediate term. The talks are being closely watched by industries such as automakers, who are concerned about issues like Chinese exports of rare earth minerals. The overall tone from U.S. officials is one of cautious optimism, but with tempered expectations for swift resolutions.
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