The U.S. and China have agreed on a framework to resolve their trade disputes

In this photo released by Xinhua News Agency, Chinese Vice Premier He Lifeng (right) shakes hands with U.S. Treasury Secretary Scott Bessent before their meeting to discuss China-U.S. trade, in London on Monday.

After two days of talks in London, the U.S. and China have agreed in principle on a framework to carry out an agreement they reached on resolving their trade disputes last month, Chinese state media said.

(Image credit: Li Ying/Xinhua)