The talks between the US and China this weekend were positive as the countries came to terms on a range of contentious points, setting the stage for leaders Donald Trump and Xi Jinping to finalize a deal this week,

China and the United States have moved closer to resolving their tariff dispute, according to a senior Chinese official and US media. Both sides have reached a preliminary agreement, said Li Chenggang,

US-China trade tensions ease ahead of Trump-Xi meeting; both sides near deal amid global slowdown fears and rare earth disputes.

A fresh U.S.–China trade “framework” buoyed crypto on Oct. 26 after negotiators said they reached “basic consensuses” to address tariff and export-control disputes following two days of talks in Malaysia.

US officials expect China to delay introducing sweeping export controls on rare earths, after two days of talks in Malaysia raised hopes that Donald Trump and Xi Jinping would agree to extend a trade truce at their high-stakes summit this week.

KUALA LUMPUR, Oct 26 (Reuters) - China's top trade negotiator Li Chenggang and Chinese Vice Premier He Lifeng arrived on Sunday at a venue in Kuala Lumpur for a second day of trade talks between the United States and China.

Chinese Vice Premier He Lifeng (right) and US Treasury Secretary Scott Bessentin pose for a photo on October 25, 2025 before China-US trade talks in Kuala Lumpur, Malaysia. Photo:

After two days of “constructive and far-reaching” talks in Malaysia, US Treasury Secretary Scott Bessent announced that Washington and Beijing have reached a “very successful” framework ahead of the anticipated Trump-Xi summit.