The United States and China have agreed on a framework to implement their trade truce, officials on both sides said Wednesday, after concluding two days of talks in London to defuse tensions and ease export restrictions that threaten to disrupt global manufacturing.

China and the United States have agreed in principle on a "framework" to implement recent trade understandings, senior officials from both countries said late on Tuesday following talks in London. China's Vice Commerce Minister Li Chenggang told reporters that the two sides had,

High-stakes trade negotiations between the U.S. and China continued into a second day Tuesday, as both sides sought to defuse a trade war that threatens both economies.