Treasury Secretary Scott Bessent and others will meet with their Chinese counterparts in London on Monday for renewed trade talks, President Donald Trump said.

President Donald Trump says his first conversation with Chinese leader Xi Jinping since returning to the White House had a “very positive conclusion," announcing the two countries will hold trade talks in hopes of breaking an impasse over tariffs and global supplies of rare earth minerals.

United States President Donald Trump has announced a new round of trade talks with China in an apparent bid to dial down a bitter battle over tariffs between the world’s two biggest economies. The president said on social media that the meeting would take place in London on Monday,