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.

US stocks closed higher as investors wait for news from another day of China-US trade talks in London. Key inflation data are also ahead.

The European Union believes trade negotiations with the US to extend beyond President Donald Trump’s July 9 deadline, even as the speed of the talks has increased over the past week.

Trade negotiations between the United States and China will continue on Tuesday in London, with both sides trying to preserve a fragile truce brokered last month.

High-level delegations from the United States and China are meeting in London to try and shore up a fragile truce in a trade dispute that has roiled the global economy.

Sign up here.India and the US will expedite trade talks to conclude an agreement that includes “early wins” for both sides, an official said, as the two nations race to clinch a deal before Washington’s tit-for-tat tariffs kick in next month.

LONDON, June 9 (Reuters) - Top U.S. and Chinese officials will sit down in London on Monday for talks aimed at defusing the high-stakes trade dispute between the two superpowers that has widened in recent weeks beyond tit-for-tat tariffs to export controls over goods and components critical to global supply chains.

China's trade negotiator says that the two countries reached an agreement on a trade framework after two days of talks.

Trade talks between the US and China this week cemented a seismic change in Washington’s approach to the countries’ economic relationship: US export curbs, meant to keep sensitive technologies out of Beijing’s hands,

Donald Trump has said the US and China’s deal to restore their trade war truce is “done” after two days of marathon negotiations in London. In a post on his Truth Social network on Wednesday the US President hailed a breakthrough reached in bilateral talks in London late the night before.