As US and China prepare for a new round of trade talks in London, tensions continue to rise with recent disputes surfacing. Economic adviser to Trump expresses optimism about a potential trade deal being finalized soon. A focus on export controls and rare earth minerals is anticipated in the discussions. In a significant development, Trump confirmed a productive phone call with Xi Jinping, leading to agreements on resuming rare earth mineral shipments to the US. Analysts caution that while talks represent a positive step, obstacles remain ahead. Both leaders have signaled their intention to engage further in resolving the ongoing trade issues, despite remarks indicating that negotiations are particularly challenging.