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 other partners, 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 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 a multi-front trade strategy but is managing expectations for quick or dramatic results.
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