Chinese exports of rare earth minerals, which are vital to carmakers and other industries, and China's access to high-end technology from the U.S., including computer chips, are high on the agenda.

The U.S. and China have reached consensus on trade, representatives from both sides said after high-level talks in London, according to an NBC transcript.

Parties will report back to their leaders on talks and framework reached, says China’s top trade envoy - Anadolu Ajansı

U.S. and Chinese negotiators agreed late Tuesday to try again to implement the trade war truce that had collapsed after it was reached during an earlier round of talks in Geneva.

A series of disputes in the following weeks had strained the earlier agreement, prompting a phone call last week between President Donald Trump and Chinese leader Xi Jinping in an effort to ease tensions.

US-China trade negotiations resumed in London on June 9, following a joint statement issued in Geneva on May 12. In that agreement, both sides committed to lowering reciprocal and retaliatory tariffs,

Top officials from the U.S. and China are meeting in London to discuss ongoing trade tensions. Tune in as we uncover the current tariffs on China and the potential impacts on the global economy.

LONDON, June 9 (Reuters) - Top U.S. and Chinese officials will sit down in London on Monday for talks aimed at defusing the high-stakes trade dispute between the two superpowers that has widened in recent weeks beyond tit-for-tat tariffs to export controls over goods and components critical to global supply chains.

U.S.-China trade negotiations begin in London with top officials addressing rare earth mineral exports, which China controls 90% of, following recent tariff reductions

American and Chinese officials are meeting for a second day of trade talks in London to shore up a fragile truce over tariffs. Negotiations are expected to focus on Beijing's shipments of rare earths and Washington's restrictions on chip exports.