Economists saw progress in trade talks on the rare earth issue between the United States and China as a positive sign in moving toward a longer-term deal that would settle financial markets and

Trump said in his Truth Social post that the hour-and-a-half conversation phone call was “focused almost entirely on TRADE,” while the Chinese readout singled out Xi’s stern warning on Taiwan – the reddest of lines for Beijing – and the issue of Chinese student visas.

The negotiators didn’t disclose exactly what they had agreed to as part of the framework, which could lead to continued uncertainty over the trade truce.

Here are all the tariffs, counter-tariffs, dealmaking, and deal-breaking between the world’s two biggest economies.

Senior officials in President Donald Trump’s administration are in London on Monday for trade talks with Chinese representatives. Trump and Chinese President Xi Jinping agreed to the talks last week,

In mid-May, China and the United States struck a 90-day truce in their bruising tariff war and rolled back most of the triple-digit levies they heaped on each other's goods in early April.

The move marks the latest twist in the countries’ winding trade war.

A Chinese delegation led by Vice Premier He Lifeng held talks with U.S. Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer at Lancaster House, an ornate 200-year-old mansion near Buckingham Palace.