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 deals with the European Union and Japan, having recently secured an agreement with the EU. Greer emphasized that while dialogue with China is continuing, significant progress is 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. Overall, the US is pursuing multiple trade negotiations but is tempering expectations for swift or dramatic results, especially with China.
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