June 9 (UPI) -- Delegates from the United States and China are set to meet Monday in London after a phone call between the nations' leaders seemingly led to a cooling of tensions related to their otherwise heated recent trade dispute.

"We are a nation that champions free trade and have always been clear that a trade war is in nobody's interests, so we welcome these talks," said a British government spokesperson.

The U.K. has provided the space for the countries to chat but hasn't publicly disclosed its location.

American attendees are slated to include U.S. Commerce Secretary Howard Lutnick, U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer, while Chinese Vice Premier He Lifeng will lead his country's delegation. It is expected the discussion will put a fair amount of focus on the rare earth minerals situation.

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