President Trump said China's Xi agreed to resume rare earth mineral exports to the U.S. after an April halt, marking progress in trade negotiations between the two countries.

U.S. President Donald Trump said on Friday that Chinese President Xi Jinping agreed to let rare earth minerals and magnets flow to the United States, a move that could lower tensions between the world's biggest economies.

Treasury Secretary Scott Bessent and other Trump administration officials will hold trade talks with their Chinese counterparts in London on Monday, President Donald Trump said. Bessent will be joined by Commerce Secretary Howard Lutnick and U.