A: Hey, did you hear anything interesting lately?

B: Not much, what's up?

A: Well, Trump and Xi Jinping just had a call, and it looks like they're planning to talk about the trade war on Monday!

B: Oh, really? Where is this happening?

A: London! Trump said his Treasury Secretary, Commerce Secretary, and Trade Representative will be there.

B: Wow, that's big news! But what about all the complaints Trump had been making about China?

A: Well, he did say they were violating a trade deal from last month, but since the call with Xi Jinping, he seems to think relations are back on track and the negotiations for the trade deal are looking good.

B: That's great news! And what about the rare-earth materials issue?

A: It looks like that might be easing too! Reuters says China has given temporary export licenses to entities that supply the top three US automakers.
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The US and China have been engaged in a bruising trade war that's lasted for months, but there may be signs of a thaw. US President Donald Trump has held a phone call with his Chinese counterpart and says negotiators from the two sides will sit down for talks on Monday.



Trump wrote on social media Friday that his treasury secretary, commerce secretary and trade representative will take part. The meeting will be held in London.



He had previously complained that China is violating a trade deal that was agreed to just last month. His administration also says China is holding up exports of rare-earth materials.



However, he has struck a different tone since the call with President Xi Jinping on Thursday. He said relations are back on track and negotiations for the trade deal are in "good shape."



Reuters has quoted sources as saying the rare-earths issue may be easing as well. It says China has granted temporary export licenses to the entities that supply the top three US automakers.