US EditionUS and China Begin Trade Talks in Malaysia to Ease Tensions
- From October 24 to 27, China's Ministry of Commerce said Vice Premier He Lifeng will lead a delegation to Malaysia to hold economic and trade talks with U.S. officials, including Treasury Secretary Scott Bessent and Jamieson Greer.
- Amid China's new rare earth export controls, including measures on October 10, President Donald Trump threatened 100% tariffs in retaliation, prompting talks to address the escalating trade tensions.
- A May Geneva meeting produced a 90-day truce that cut U.S. tariffs to about 55% and Chinese tariffs to 10%, but the truce later frayed after the U.S. Commerce Department expanded the export blacklist to cover firms more than 50% owned by listed companies.
- Overlapping with President Donald Trump's visit from October 26 to 28, officials say the talks aim to pave the way for a pull-aside meeting with Chinese President Xi Jinping at next week's Asia-Pacific Economic Cooperation summit in South Korea.
- Disruption could threaten production of electric vehicles, semiconductors, and weapons systems, Scott Kennedy warned, `We won't know if Beijing has successfully counterbalanced the U.S.'s export controls with restrictions of their own or if they've induced a continuation of an escalatory spiral until Mr. Trump and Mr. Xi meet.
124 Articles
124 Articles
China asks U.S. to protect ‘hard-won’ results before Xi-Trump meeting
The Chinese Communist Party’s official mouthpiece called on the world’s biggest economies to “jointly safeguard hard-won achievements” from their latest trade talks, ahead of a high-stakes meeting between Donald Trump and Xi Jinping. Trade negotiators from China and the U.S. announced Sunday that they’d struck a slew of agreements on issues spanning tariffs, shipping fees, fentanyl and export controls over two days in Malaysia. That marked a sig…
Pioneer Press
arcamax.comUS, China tee up sweeping trade deal for Trump, Xi to finish
By Daniel Flatley and Josh Xiao, Bloomberg News Top trade negotiators for the U.S. and China said they came to terms on a range of contentious points, setting the table for leaders Donald Trump and Xi Jinping to finalize a deal and ease trade tensions that have rattled global markets. After two days of talks in Malaysia wrapped up Sunday, a Chinese official said the two sides reached a preliminary consensus on topics including export controls, f…
US, China say they have ‘framework’ of a trade agreement
Chinese and American officials agreed to the “framework” for a trade deal, they said on Sunday. U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer met with Chinese Vice Premier He Lifeng and top trade negotiator Li Chenggang for negotiations ahead of the Association of Southeast Asian Nations summit in Malaysia. “We are moving forward to the final details of the type of agreement that the leaders can review and decide …
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