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.

President Donald Trump has announced that a new round of trade talks between the United States and China which will take place in London, on Monday.

Treasury Secretary Scott Bessent and other Trump administration officials will hold trade talks with their Chinese counterparts in London on Monday, President Donald Trump said. Bessent will be joined by Commerce Secretary Howard Lutnick and U.