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.
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106 Articles
Trump Lands in Malaysia on First Leg of Asia Tour
KUALA LUMPUR (AFP-Jiji) — U.S. President Donald Trump touched down in Malaysia on Sunday for a one-day visit to a summit of Southeast Asian leaders, and ahead of a high stakes meeting with Chinese leader Xi Jinping later this week.
According to a US Treasury spokesperson, ahead of the highly anticipated summit between their leaders in South Korea next week...
US, China race to ease tensions ahead of Trump-Xi Malaysia talks
Top economic officials from the US and China ended their first day of talks in Kuala Lumpur on Saturday, with a Treasury spokesperson describing them as "very constructive". The world's two largest economies are looking to avert an escalation of their trade war and ensure that a meeting happens next week between US President Donald Trump and Chinese President Xi Jinping. The talks on the sidelines of the Association of Southeast Asian Nations su…
China and the United States held a new round of trade negotiations on Saturday 25 October in Kuala Lumpur, Malaysia, to find a way out of the tariff war between the world's first two economies.
The quote will seek to bring the positions between China and the U.S. closer together after the last trade frictions and before the expected meeting of U.S. President Donald Trump and his Chinese pair Xi Jinping on October 30.
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