The US and China have reached an agreement in principle to de-escalate trade tensions, with plans for approval from President Trump and President Xi Jinping.

• US Commerce Secretary Howard Lutnick announced that the deal aims to resolve restrictions on rare earth minerals.
• The negotiations took place over two days in London, following a recent phone call between the two leaders.
• Both nations have accused each other of violating previous trade agreements, escalating tariffs that peaked at 145%.