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.

U.S. President Donald Trump said on Friday that Chinese President Xi Jinping had agreed to restart the flow of rare earth minerals and magnets to the United States. Asked directly by a reporter aboard Air Force One whether Xi had agreed to do so,

In a rare high-stakes phone conversation on June 5, Trump and Chinese President Xi Jinping discussed the ongoing trade standoff and reached what Trump called a 'very productive' agreement on the flow of rare earth materials.

Mr. Trump said in a post on Truth Social that his call with Xi Jinping, China’s top leader, had focused entirely on the trade relationship between the nations, which has soured in recent months in a dispute over the export of critical minerals used in an array of industries.

President Donald Trump and Chinese President Xi Jinping held a phone call Thursday amid ongoing tensions between the two superpowers — with a new in-person meeting planned soon.