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USTR Greer says beginning to negotiate a deal on critical minerals, Trump-Xi meeting still scheduled or April, had a great call last week

Newsquawk Staff ·

USMCA

  • Entering negotiations with Mexico right now
  • US-Canada negotiations are specific to the bridge; there's valid concern from the President about the bridge.
  • On USMCA, talks with Canada are more challenging; we have to review the USMCA.
  • USMCA negotiations will be bilateral and separate.

India

  • Spoke to India about oil from Venezuela.
  • India has started to wind down purchases of Russian energy.
  • India could be a station to shift supply chains around.

China

  • US-China trade relationship is stable.
  • Expects more discussions ahead of the Trump-Xi meeting in April.
  • US has regular talks with China.

Indonesia

  • Expects to finalise deal in next couple of deals of weeks. 
  • Expects Indonesia to be the next big one. 

What it means

The statements from USTR Greer indicate a proactive approach to negotiating on critical minerals and maintaining stable relations with key partners like China, emphasizing a significant meeting scheduled for April. This sets the tone for diplomatic and trade dynamics, particularly in energy and mining sectors, impacting commodity prices and geopolitical risks.

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