In a pivotal moment for US-China relations, senior officials from both nations are engaged in trade talks in London, following a phone call between President Trump and Chinese President Xi Jinping. The discussions revolve around easing US export restrictions on chips and addressing the critical issue of rare earth minerals, which are vital for both economies. Experts indicate that these negotiations come at a crucial time, with both sides eager to navigate their complex trade relationship. The talks, aimed at reaching a truce in the ongoing trade war, have now extended into a second day as both nations seek a resolution that could benefit their respective interests.