President Donald Trump announced Wednesday that China will make it easier for American industry to obtain much-needed needed magnets and rare earth minerals, clearing the way for talks to continue between the world’s two biggest economies.

President Donald Trump's eventful week included securing a preliminary trade deal with China, deploying National Guard troops to Los Angeles, and responding to Israel's strikes on Iran.

The Trump administration says its reviewing a deal to sell nuclear-powered submarines to Australia over concerns that the U.S. is not producing enough of its own.

China on Friday published draft guidance to regulate the export of data generated by cars in the country, providing a potential roadmap for companies such as Tesla that have been keen to do so.

China has leverage it can use by limiting access to its rare earth supplies, but it does not want to sacrifice its reputation as a reliable supplier.

China has deployed both of its aircraft carriers—CNS Liaoning and CNS Shandong —to the east of the first island chain since June 7. Japan's military reported that its patrol aircraft was intercepted by fighter jets launched from the Shandong while conducting surveillance.

Global agribusiness Bunge Global SA has received regulatory approval from China for its acquisition of grain handler Viterra and expects to close the $34 billion deal "on or around July 2," the company said in a statement on Friday.