 "China says preliminary consensus reached with US on trade truce, export controls")
Economic officials from China and the U.S. reached a preliminary consensus after discussions on a range of issues including the extension of their trade truce, fentanyl and export controls, China’s top trade negotiator Li Chenggang said in Kuala Lumpur on Sunday.
Li, alongside Vice Premier He Lifeng, held talks with U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer to de-escalate a trade war on the sidelines of the Association of Southeast Asian Nations summit.
Officials from Beijing and Washington met for two days of negotiations in Malaysia that ended Sunday ahead of a meeting between US President Donald Trump and Chinese Premier Xi Jinping in South Korea this week.
Earlier today, a US envoy said that the United States and China are working towards “finalising details” on trade talks ahead of a highly anticipated meeting of their leaders in South Korea this week.
“I think we’re moving forward to the final details of the type of agreement that the leaders can review and decide if they want to include together,” US Trade Representative Jamieson Greer said in Malaysia.
With inputs from agencies
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