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.

China's Vice Premier He Lifeng said China and the United States should strengthen consensus and maintain communication, state news agency Xinhua reported on Wednesday, after the two countries agreed to get a delicate trade truce back on track.

The US and China wrapped up two days of high-stakes trade talks in London. The result: a plan to establish a framework for implementing a consensus the two sides had already agreed to last month. US Commerce Secretary Howard Lutnick said the Chinese had pledged to speed up shipments of rare-earth metals critical to US auto and defense firms,