Key Takeaways U.S. and China officials met in London Monday to defuse the trade war between the world's two largest economies.A key issue will be China's restrictions on exporting rare earth minerals,

Trade talks between the US and China got underway this afternoon in London. The Trump administration is signaling a willingness to remove restrictions on exports imposed as part of its global trade war in exchange for assurances that China is easing limits on rare earth shipments.