US Trade Representative Jamieson Greer has signaled that no major breakthroughs are expected in the latest round of trade talks with China, despite ongoing negotiations. The US is simultaneously working on trade agreements with the European Union and Japan, aiming to address trade deficits and secure better terms for American industries. Greer emphasized that while China's willingness to engage is positive, significant progress is unlikely in the immediate talks. Automakers and other industries are closely watching these discussions, especially regarding key exports like rare earth minerals. The US administration continues to pursue structural changes in global trade relationships, but expectations for rapid or dramatic results remain tempered.
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