Important people from the U.S. and China have agreed to restart their trade talks. The talks had stopped because of some problems, but now they will continue, both countries said.

The announcement was made after two days of meetings in London which finished on Tuesday evening.

The meetings tried to fix problems about selling minerals and technology. These problems had made a recent trade agreement weak. We don't know if they made any progress on the main difference: China sells much more to the US than it buys.

First, we had to get rid of the bad feelings. Now we can go forward, said U.S. Commerce Secretary Howard Lutnick to reporters after the meetings.

Stocks in Asia went up on Wednesday because they heard about the agreement.

The talks happened after President Donald Trump and Chinese leader Xi Jinping talked on the phone last week. They wanted to make things calmer.

Li Chenggang, a Chinese official, said that China and the other country have agreed on a plan to do what they talked about on the phone and in Geneva. Xinhua News Agency reported this.

We don't have more information right now, like if they will talk again.

Li and Wang Wentao, China's trade minister, were with Vice Premier He Lifeng's group. They met with Lutnick, Scott Bessent, and Jamieson Greer at Lancaster House, an old building near Buckingham Palace.

Wendy Cutler, who used to work for the U.S. government on trade, said that 30 of the 90 days were wasted because of arguments, and they still need to solve their problems.

In Geneva, countries agreed to stop most of their very high taxes on each other for 90 days. They had started these taxes because of a trade fight that was getting bigger and bigger. This fight made people worried about the economy. Also, the World Bank said that because of these trade problems, the economies of the U.S. and the world will not grow as much this year.

Cutler, from the Asia Society Policy Institute, said that the U.S. and China wasted important time to fix their agreements. He added that they only have two months left to talk about problems like unfair trade, making too many products, sending goods through other countries, and the drug fentanyl.

After the talks in Geneva, the U.S. and China have argued a lot. They argued about special computer chips, student visas, and important minerals. These minerals are very important for car companies and other businesses.

China makes a lot of rare earths. They might let other countries buy them faster. China wants the U.S. to let them use the technology to make good computer chips.

Lutnick said that solving the rare earths problem is an important part of their agreement. He also said that the U.S. will stop some things it did because of this problem, but he didn't say what they were.

"He said that when they say yes to the licenses, our exports should also get easier."

Cutler said it would be very unusual for the U.S. to discuss its rules for selling goods to other countries. She said China has been complaining about these rules for almost 20 years, and they cause problems.

She said that because of this, the U.S. has made it possible for China to ask to include export rules in future talks.

A court in Washington said on Tuesday that the government can continue to collect extra taxes on products from China and other countries. This is happening while the government tries to win a case about Trump's trade rules.

Trump said he wants to sell more American products in China, because China makes a lot of things.

Trump said at the White House, "If we don't work with China, maybe we won't do anything. But we want to work with China."