President Donald Trump has authorized his trade negotiating team, led by Treasury Secretary Scott Bessent, to ease up on some key export restrictions of US goods to China that Washington had put in place for national security concerns, three sources familiar with the matter told CNN.

U.S.-China trade negotiations begin in London with top officials addressing rare earth mineral exports, which China controls 90% of, following recent tariff reductions

Top U.S. and Chinese officials will resume trade talks for a second day in London on Tuesday, hoping to secure a breakthrough over export controls for goods such as rare earths that have threatened a global supply chain shock and slower economic growth.