In a significant development, the U.S. and China have reached a framework agreement to ease ongoing trade tensions after two days of discussions in London. Officials from both countries announced that they would adhere to a prior trade truce, following intense negotiations that addressed key issues, including tariffs and export restrictions. The talks were reportedly encouraged by a recent phone call between President Trump and President Xi, which seemed to bolster cooperation. Both sides are set to explore further avenues for collaboration, including matters related to rare earth minerals, which could play a pivotal role in their economic strategies moving forward.