U.S.-China trade talks resume amid signs of progress over chip exports

High-level U.S.-China trade talks enter a second day in London with reports stating that Washington may relax chip export controls if Beijing agrees to speed up rare earth exports. President Trump says ‘opening up’ China would bring global benefits. U.S. Marines are deployed in Los Angeles where protests against ICE deportations of illegal immigrants continue. California Democrats say the move violates federal law. OpenAI posts annual recurring revenue of $10bn thanks to growth in its consumer and business ChatGPT products.