China will only be renewing contracts for its rare earths six months at a time, making rolling trade negotiations more likely, The Wall Street Journal reported.

U.S. and Chinese negotiators agreed to try again to implement the trade war truce that had collapsed after it was reached during an earlier round of talks in Geneva.

After two days of talks in London, President Trump said yesterday that the U.S. and China had struck a deal to roll back some of the punitive measures they had taken against each other’s economies in recent months.