US-China trade tensions look like they might be cooling off.
Now it's up to their leaders to seal a deal.
Plus, Los Angeles remains on edge as protests over immigration continue.
California's governor accuses Trump of being an authoritarian.
He again chose escalation.
He chose more force.
He chose theatrics over public safety.
And we look ahead to the big event for markets today, U.S. inflation data.
It's Wednesday, June the 11th.
I'm Azhar Sukri filling in for Luke Vargas for The Wall Street Journal.
Here is the AM edition of What's News,
the top headlines and business stories moving your world today.
US and Chinese negotiators have wrapped up two days of intense trade talks here in London.
They said they've agreed to a framework to get their truce back on track and ratchet down tensions between the two biggest economies.
That framework essentially restores a deal representatives agreed to in Switzerland last month.
Chinese negotiator Li Chenggang said the two sides have agreed in principle.
And US Commerce Secretary Howard Lutnick said the US and China have reached a,
quote, handshake for a framework, including on the key issues of rare earth minerals.
Absolutely expect that the topic of rare earth minerals and magnets with respect to the United States of America will be resolved in this framework implementation.
That is a fundamental part of that.