🚨 US - China just held trade negotiations in Paris, focusing on sensitive areas such as agriculture, critical minerals, and "managed trade" mechanisms.

China expressed openness to increasing purchases of US agricultural products, including beef, poultry, and certain crops beyond soybeans. Beijing also reiterated its commitment to purchasing approximately 25 million tonnes of US soybeans annually over the next 3 years. Additionally, the US and China discussed strategic mineral supply issues.

The Paris meeting was primarily exploratory in nature and served as preparation for higher-level negotiations, as Washington and Beijing seek to manage trade tensions following years of escalating tariffs.