U.S. and China Start 2-Day Talks in Malaysia Ahead of Trump-Xi Summit
U.S. and China Begin High-Level Trade Talks in Malaysia The United States and China have initiated two days of high-level trade discussions in Malaysia, aiming to set the stage for a potential summit between U.S. President Donald Trump and Chinese President Xi Jinping next week in South Korea. This round of negotiations involves top trade officials from both nations, including U.S. Treasury Secretary Scott Bessent, U.S. Trade Representative Jamieson Greer, and Chinese Vice Premier He Lifeng. This fifth round of talks comes amid heightened tensions between the world's two largest economies. The discussions are expected to address a range of issues, including trade imbalances, intellectual property concerns, and market access. Both sides are looking to find common ground to ease some of the friction that has characterized their economic relationship in recent years. Recent Developments in Trade Relations China recently announced new export controls on rare earth elements, which a...