High-level delegations from the United States and China are meeting in London to try and shore up a fragile truce in a trade dispute that has roiled the global economy

Both countries are under pressure to relieve tensions, with the global economy under stress from Chinese control over the rare-earth mineral exports and investors anxious about Trump's tariffs.

Trump administration officials are expected to meet with Chinese representatives in London on Monday for trade talks. On the U.S. side, the group includes Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and U.