But there was a discrepancy in the two sides’ statements after the Trump-Xi call on one of the most contentious issues: rare earths, which are needed to make all kinds of advanced technologies and are produced almost entirely in China.

U.S. President Donald Trump said on Friday that Chinese President Xi Jinping had agreed to restart the flow of rare earth minerals and magnets to the United States.

President Donald Trump says his first conversation with Chinese leader Xi Jinping since returning to the White House had a “very positive conclusion," announcing the two countries will hold trade talks in hopes of breaking an impasse over tariffs and global supplies of rare earth minerals.