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.

Chinese state media say that the U.S. and China have agreed in principle on a framework to resolve their trade disputes.

The U.S. and China have agreed to a framework to implement the trade truce they struck in Geneva last month, after two days of talks in London.