The US and Vietnam are closing in on a framework trade agreement, despite ongoing concerns about Chinese goods being rerouted through the Southeast Asian nation to avoid tariffs, according to people familiar with the talks.

President Donald Trump and officials from China announced that they have agreed on a framework for a trade deal between the two major economic powers.

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.

Investor interest in rare earth minerals is rising, a source of strength for shares in the rare earth miner MP Materials. The stock rose early on Friday after jumping late Thursday following a Bloomberg report that the Defense Department might provide additional capital to boost production.

United States and Chinese officials said they had agreed on a framework for a trade truce, which removed China's export restrictions on rare earths.

The sweeping attacks by Israel, which began early Friday, have killed more than 70 people, including four of Iran’s top security chiefs, and damaged Iran’s main nuclear site at Natanz. Iran retaliated by launching scores of missiles at Israel. At least three people have been killed and dozens more wounded during these attacks.

U.S. and Chinese trade teams appeared to make modest progress a month before paused monster tariffs are due to resume, but Trump says a deal "is done."

R. Mark Halligan of FisherBroyles LLP discusses issues facing a trial court, following one of the largest damages verdicts in the history of trade secrets law, including whether a permanent injunction as well as damages constitutes double recovery.

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

Sir Keir Starmer flies to Canada later to meet Mark Carney, the former governor of the Bank of England who became his country's prime minister in March. The two men will get together in the Canadian capital Ottawa on Saturday evening, ahead of the G7 summit, hosted by Carney, which begins in the province of Alberta on Sunday.

The U.S.-China talks on trade resemble arms-control negotiations, with export controls being the key weapons in each side’s arsenal.

UK Prime Minister Keir Starmer said there are no “hiccups or obstacles” remaining in the way of finalizing a trade deal with the US and indicated that an agreement would likely come soon.