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US–China talks nearing agreement for Trump, Xi to review, US trade envoy says
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US and China negotiators report constructive talks, paving way for a possible Trump-Xi review and hinting at a de-escalated trade path.
Trade negotiators from the US and China signalled meaningful progress on Saturday in Kuala Lumpur as they prepared for a possible leaders’ meeting between Presidents Donald Trump and Xi Jinping. The discussions covered tariffs, export controls on rare-earths and foundational frameworks for a broader trade deal. US Trade Representative Jamieson Greer described the tone as “productive.” Markets are watching whether this can de-escalate tensions and unlock supply-chain certainty amid narrow global leadership dynamics.