Two days of trade talks between the U.S. and China in London resulted in an agreed-upon "framework" to implement a trade deal reached last month, Lutnick says.

After two days of negotiations, the United States and China appear hopeful about the progress they’re making on a trade deal. But let’s take a look at what actually went down this week. Both countries say they have a "framework" that basically gets trade talks back to the agreement they made in Geneva a month ago.