The United States and China have agreed on a framework to implement their trade truce, officials on both sides said Wednesday, after concluding two days of talks in London to defuse tensions and ease export restrictions that threaten to disrupt global manufacturing.

China has leverage it can use by limiting access to its rare earth supplies, but it does not want to sacrifice its reputation as a reliable supplier.

China's trade negotiator says that the two countries reached an agreement on a trade framework after two days of talks.

The Big Money Show' co-host Taylor Riggs joins 'Fox & Friends First' to discuss the significance of rare earth minerals, where the U.S. has the 'upper hand' with China trade talks and more.

High-level delegations from the United States and China are meeting in London to try and shore up a fragile truce in a trade dispute that has roiled the global economy.

China returns to trade talks with the U.S. holding, from its view, a strong hand: Its economy is bearing up better than expected. And it has an ace card: rare earths.

US stocks closed higher as investors wait for news from another day of China-US trade talks in London. Key inflation data are also ahead.

U.S.-China talks on trade have been “productive,” U.S. Treasury Secretary Scott Bessent said. After two full days of talks in London, Bessent said he was heading back to the U.S. for planned testimony to Congress on Wednesday.

Italian billionaire Gianluigi Aponte’s Terminal Investment Ltd. is reportedly leading the deal, with investments from BlackRock and its Global Infrastructure Partners unit.