Senior economic officials from the United States and China have held talks aimed at maintaining stability in trade relations ahead of a planned high-level summit.

The discussions focused on tariffs, supply chains and access to key materials.

Both sides are working to sustain a previous trade agreement that reduced tensions between the two economies. The talks are seen as crucial for avoiding further disruptions to global trade.

Businesses are closely monitoring developments, as trade policies directly impact supply chains and market access. Companies operating internationally depend on stable relations between the two economies.

Issues such as export controls and access to rare earth materials remain key concerns. These materials are essential for industries including technology and manufacturing.

Analysts say the outcome of the discussions could influence global business confidence. Stability in trade relations is critical for long-term economic growth.

Source: Reuters