A new round of talks aimed at resolving a trade war between the US and China is set take place in London on Monday. US President Donald Trump announced on Friday that a senior US delegation would meet Chinese representatives.

President Donald Trump announced Friday that U.S. officials will meet with their Chinese counterparts in London on Monday to discuss trade. The United States and China have been at a trade impasse since signing a 90-day tariff ceasefire in May.

Trade negotiators from the United States and China are expected to reconvene in London on Monday, rekindling efforts to ease the friction that has built up over rare earth exports. The meeting comes against a backdrop of increasing trade hostility and heightened geopolitical tension,