2025-10-25T06:10:18+00:00
Shafaq News – Kuala Lumpur
On Saturday, senior US and Chinese
officials opened trade talks in Kuala Lumpur to defuse tensions ahead of a
meeting between US President Donald Trump and Chinese President Xi Jinping.
According to Reuters, US Treasury
Secretary Scott Bessent met Chinese Vice Premier He Lifeng on the sidelines of
the Association of Southeast Asian Nations (ASEAN) summit after Washington
threatened 100% tariffs on Chinese goods starting November 1 in response to
Beijing’s tighter rare earth export controls.
Read more: Trump: China holding world captive
Talks at Kuala Lumpur’s Merdeka 118
tower are expected to set the stage for the Trump–Xi summit in South Korea on
October 30, where both leaders will discuss tariffs, technology restrictions,
and China’s suspension of US soybean imports.
The two countries are seeking to
maintain a fragile trade truce reached in May that eased tariffs and reopened
rare-earth exports but began to unravel after the US widened its export
blacklist and China imposed new restrictions in retaliation.
Read more: China to impose fees on US ships in retaliation for American charges
