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.

Two days of talks resulted in a “framework” meant to solidify terms of a deal that the superpowers reached in Geneva last month.

Amid ongoing tensions between the world's two biggest economies, the US and China on Tuesday announced that two days of high-level talks had yielded a "framework" to reach an agreement on trade,