The one-year agreement also addresses other issues, such as U.S. access to critical rare earth minerals and the Chinese soybean market, Trump said. The fate of social media platform TikTok remains unclear after the deal, but a thaw in tensions could influence a potential sale, some experts said.

U.S. President Donald Trump met China's leader Xi Jinping on Thursday in a summit the U.S. side said yielded an agreement on a range of trade and technology issues that had ratcheted up tension betwe...

China, which has tightened its controls on rare earth minerals used to make cars, phones and fighter jets, would postpone those strict new rules for a year.