President Donald Trump says his first conversation with Chinese leader Xi Jinping since returning to the White House had a “very positive conclusion," announcing the two countries will hold trade talks in hopes of breaking an impasse over tariffs and global supplies of rare earth minerals.

In early May, after two intense days of negotiations in Switzerland, Washington and Beijing agreed to drastically suspend most tariffs imposed since April 2 for 90 days. After the start of a trade war 2.