The United States is entering a new round of trade talks with China, but officials are cautioning that no major breakthroughs are expected. U.S. Trade Representative Jamieson Greer emphasized that while discussions are ongoing, the focus is on incremental progress rather than sweeping agreements. This comes as the U.S. continues to negotiate trade deals with the European Union and Japan, aiming to address trade deficits and secure better terms for American industries. The talks are being closely watched by sectors like automakers, who are concerned about issues such as Chinese exports of rare earth minerals. Overall, the U.S. is pursuing a multi-front trade strategy, but significant results from China negotiations remain unlikely in the immediate future.
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