While Donald Trump hailed the outcome of trade talks in London, Xi Jinping walked away with an understated strategic gain: a negotiating process that buys China time and helps defuse the threat of more harmful tariffs and technology curbs.

The president said he and Chinese President Xi Jinping still need to sign off on a preliminary deal, even though he called it "done."

China’s chokehold on a group of minerals that are critical to making everything from electric vehicles to jet fighters has handed Beijing a powerful tool in its bruising trade fight with the U.S.—a weapon it could wield again in the future.

U.S. and Chinese negotiators agreed to try again to implement the trade war truce that had collapsed after it was reached during an earlier round of talks in Geneva.

President Donald Trump has announced that China will make it easier for American industry to obtain magnets and rare earth minerals, clearing the way for trade talks to continue between the world’s two biggest economies.

The U.S. and China have agreed on a "framework" to resolve some disputes that threatened to derail fragile talks between the two countries.

The CPI gives the latest update on consumer inflation, President Trump’s trade team is back from talks with China and Tesla CEO Elon Musk sets the stage for the debut of the long awaited robotaxis. FOX Business is providing real-time updates on the markets,

Oil prices softened in Asian trade on Wednesday as markets assessed the outcome of U.S.-China trade talks, yet to be reviewed by President Donald Trump, with weak oil demand from China and OPEC+ production increases weighing on the market.