Important people from the U.S. and China have agreed to start their trade talks again. They had some problems that almost stopped the talks, but now they will continue. Both countries have said this.

The announcement was made after two days of talks in London. The talks finished late on Tuesday.

The meetings were about solving disagreements over selling minerals and technology. These disagreements had made a recent trade agreement from Geneva weak. We don't know if they made any progress on the main problem: China sells much more to the US than it buys.

First, we had to get rid of the negative feelings. Now we can go forward, the U.S. Commerce Secretary told reporters after the meetings.

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

The talks happened after President Trump and China's leader, Xi Jinping, talked on the phone last week to improve the situation.

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

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

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

Wendy Cutler, who used to negotiate for the U.S. on trade, said that 30 of the 90 days were wasted because of the arguments. The two sides have 90 days to try and solve their problems.

In Geneva, countries decided to stop most of their high taxes on each other for 90 days. They had been fighting a trade war, which made people worried about the economy. Also, the World Bank said on Tuesday that the economy in the U.S. and around the world will not grow as much this year because of these trade problems.

Cutler, who works at the Asia Society Policy Institute, said that the U.S. and China wasted time fixing their agreements. He said they only have two months left to talk about important problems like unfair trade, too much production, illegal shipping, and the drug fentanyl.

After their meeting, the U.S. and China have argued about advanced computer parts for AI, visas for Chinese students in America, and important minerals for cars and other businesses.

China makes most of the world's rare earths. They might allow more of these materials to be sent to other countries soon. China wants the U.S. to stop them from getting technology to make good computer chips.

Lutnick said that fixing the rare earths problem is an important part of their agreement. He said the U.S. will stop some actions it took before because of this. He didn't say what these actions were.

He said that if they approve the licenses, our exports will probably go down.

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

She said that because of this, the U.S. has allowed China to ask to include export rules in future discussions.

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 change a decision about Trump's trade rules.

Trump said he wants American products to be sold more easily in China, which makes most of the world's products.

“If we don’t open China, maybe we won’t do anything,” Trump said at the White House. “But we want to open China.”