US President Donald Trump said Chinese leader Xi Jinping has agreed to restart the flow of crucial rare earth materials, after announcing a new round of US-China trade talks will be held in London on Monday.

President Trump said China's Xi agreed to resume rare earth mineral exports to the U.S. after an April halt, marking progress in trade negotiations between the two countries.

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, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer will represent Washington, Trump says.

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.

The Chinese government on Saturday confirmed Monday's meeting in the United Kingdom of its senior representatives with their US counterparts. Vice Premier He Lifeng will visit the UK from June 8 to 13 at the invitation of the British government,