China has a valuable card to play as it holds trade talks with the US

By John Liu and Phil Mattingly, CNN

Hong Kong/Washington (CNN) — Trade negotiations between the United States and China will continue on Tuesday in London, with both sides trying to preserve a fragile truce brokered last month.

President Donald Trump has authorized his trade negotiating team, led by Treasury Secretary Scott Bessent, to ease up on some key export restrictions of US goods to China that Washington had put in place for national security concerns, three sources familiar with the matter told CNN.

In exchange for immediately easing or halting some export controls, the US wants China to release high volumes of rare-earth materials.

However, it appears the US may draw the line at easing export controls on some critical technology that it maintains is crucial for its competitive