US-China trade talks: What’s up for grabs?

中美贸易谈判:有哪些筹码可争?

World Business Report

2025-06-10

26 分钟
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While the US and China negotiating teams are locked in a second day of trade talks in London, we look at the key figures and businesses caught in the middle between the World’s two largest economies. With the UK announcing a multibillion dollar project to build a new nuclear power station, Will Bain discusses how Europe is trying to have greater control of its energy supply in the aftermath of Russia’s invasion of Ukraine. And why Japan is experiencing an extreme shortage of one of its staple foods - rice. The latest business and finance news from around the world, on the BBC.
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  • Hello and welcome to World Business Report on the BBC World Service.

  • I'm Will Bain.

  • Great to have you back with us on the programme.

  • Coming up today,

  • as talks continue between the world's two largest economies on how to try and end their trade war,

  • we hear from the Chamber of Commerce caught in the middle and the squeeze their members are feeling.

  • We've heard everything from automakers will have to shut down,

  • other electronic equipment may have to shut down.

  • Actually, in our survey, we asked them, how much longer do you have supply of rare earths?

  • And 75% of our members said they had three months or less.

  • Also today is the UK Greenlight's new multi-billion dollar nuclear power project.

  • We look at why countries around the world are starting to look once again at the technology as a bigger part of their energy mix and ask what the challenges are to getting that right.

  • All that to come.

  • But let's start once again today in London,

  • where talks are into their second day between senior trade teams from China and the US.

  • As he arrived at Lancaster House in West London, the US Commerce Secretary,

  • Howard Lutnick, seemed upbeat and said he expected another day full of discussions.

  • Yeah, one of those classics.

  • Been to a few of those myself where you stand there and shout a question out.

  • If you couldn't quite make out what the Commerce Secretary said, going well.