SINGAPORE—After the U.S. and China reached an agreement this past week to end the latest skirmish in their trade war, President Trump wrote on social media that he and Xi Jinping will “work closely together to open up China to American Trade.

If a handshake agreement holds, it will merely undo some of the damage from the trade war that President Trump started.

GM formed alliances with 2 rare earth mineral processing companies to domestically source materials for parts GM uses in EVs.

Shipping companies rerouted their ships from China when tariffs were over 100%, and now it will take a while to get them back down.

The U.S.-China talks on trade resemble arms-control negotiations, with export controls being the key weapons in each side’s arsenal.

The US and China's trading relationship – the most important one in the global economy – is back on track. Will the truce last?

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.

The U.S.-China talks on trade resemble arms-control negotiations, with export controls the key weapons. As part of a monthslong feud, the two sides choked off the supply of such exports as rare earths or semiconductor technology in a bid to gain an edge.

The only scenario in which China might deregulate its critical minerals export is if the U.S. fully removes tariffs imposed on Chinese goods as part of the trade war, said Wang Yiwei, a professor of international affairs at Renmin University, echoing the Chinese government’s earlier stance.