The US and China kicked off high-stakes trade talks in Malaysia on Saturday that Washington described as “very constructive” ahead of Donald Trump’s trip to Asia for a summit with Xi Jinping.
Following weeks of mounting tensions between the world’s two biggest economies, US Treasury secretary Scott Bessent and Chinese vice-premier He Lifeng held negotiations in Kuala Lumpur that will help shape the outcome of the summit on Thursday.
This month Beijing announced sweeping export controls on rare earths, prompting Trump to threaten an extra 100 per cent tariff on Chinese imports from November 1 and raising the risk of a return to a full-blown trade war.
您已閱讀19%（656字），剩余81%（2778字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。