If a handshake agreement holds, it will merely undo some of the damage from the trade war that President Trump started.

Trump announces major China trade deal securing rare earth minerals with 55% US tariffs vs 10% China tariffs. Agreement reshapes global supply chains.

China and 53 African countries called on nations, especially the United States, to return to the "right track" of resolving trade differences, the official Xinhua news agency reported on Wednesday. The statement came after China's Foreign Minister Wang Yi met with African officials in the city of Changsha located in southern Hunan province.