U.S.-China trade talks resume in London for second day in hopes of rare earths breakthrough

Open this photo in gallery: U.S. Secretary of Commerce Howard Lutnick arrives at Lancaster House on the second day of U.S.-China trade talks in London on Tuesday.Toby Melville/Reuters Top U.S. and Chinese officials will resume trade talks for a second day in London on Tuesday, hoping to secure a breakthrough over export controls for rare earths and other goods that have threatened a fresh rupture between the two superpowers. Investors are hoping for an improvement in ties after the relief sparked by a preliminary deal agreed in Geneva last month gave way to fresh doubts after Washington accused Beijing of…