The US and China have reached an agreement on a framework to resume trade negotiations after recent disputes threatened to derail talks. Following two days of meetings in London, senior negotiators from both countries found a way forward on issues related to mineral and technology exports.
While the fundamental issue of China’s trade surplus with the US remains unresolved, both sides expressed optimism about moving past recent tensions. The breakthrough followed a phone call between President Trump and President Xi Jinping, and Asian stock markets responded positively to the news.