US EditionUS-China trade talks in Malaysia ‘very constructive’
The preliminary trade deal reached after two days of talks aims to ease tensions and set the stage for a potential Trump-Xi meeting, covering a $660 billion trade relationship.
- On Oct 26, the second day of trade talks in Kuala Lumpur paved the way for a productive meeting between President Donald Trump and President Xi Jinping as US Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent met Chinese Vice‑Premier He Lifeng.
- Facing threats of new 100% tariffs from Nov 1, both sides sought to avert escalation after Mr Trump threatened tariffs in response to China's Oct 9 export controls on rare earth magnets and minerals.
- Chinese negotiator Li Chenggang said a preliminary consensus would be sent for domestic approval, while a spokesman for Treasury Secretary Scott Bessent called discussions very constructive and Jamieson Greer said talks moved toward final details.
- China and the United States agreed on Sunday to a preliminary framework deal after two days of talks, and a positive outcome would remove roadblocks for the Oct 30 leaders' meeting though Beijing has not confirmed it.
- Given the US$660 billion annual trade relationship, the talks are fragile as the Nov 10 truce expires and the US launched a new trade probe into critical software exports, the US administration said.
93 Articles
93 Articles
Treasury Secretary Says US & China Will Likely Reach Trade Agreement During Trump-Xi Meeting
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Trump tries to assure Asian nations hit by U.S. tariffs amid progress on China trade deal
On the first day of his Asia trip, Trump sought to shift attention from controversies at home to deals struck with allies in the region. Treasury Secretary Bessent said the administration is closing in on a trade deal with China ahead of Trump’s meeting with Chinese President Xi on Thursday. John Yang speaks with Jonathan Czin of the Brookings Institution for more.
U.S. President Donald Trump and the President of China are going to meet in the Asian tournament of the American leader, a meeting that will discuss the solution to trade differences between the two states. Chinese negotiators and...
Can US President Trump and his Chinese counterpart Xi resolve the tariff dispute? Shortly before a scheduled meeting between the two heads of state, both sides have reached at least a preliminary agreement.
Threatening extra tariffs and export controls could be averted, a TikTok deal decided. A decision is likely to be taken at the planned summit of Presidents Trump and Xi next week.
After two days of "constructive" negotiations in Malaysia, Chinese and Americans have progressed towards a solution to their commercial battle. Donald Trump and Xi Jinping are scheduled to meet on Thursday to endorse a possible "deal".
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