The US said it held “very constructive” discussions with China after the first day of trade negotiations in Malaysia, as President Donald Trump began his trip to the region including a meeting with the Chinese leader next week.

Secretary of State Marco Rubio said Taiwan won't be abandoned in China trade negotiations, emphasizing continued U.S. support amid Beijing's diplomatic pressure campaign.

Treasury Secretary Scott Bessent hailed a “very successful framework” for this week’s Trump-Xi meeting, while Beijing said the two sides reached a preliminary consensus on key issues.

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.

President Donald Trump and Chinese Premier Xi Jinping are expected to reach a deal to avert 100% tariffs on China, Treasury Secretary Scott Bessent said following talks with China’s top trade negotiat

Yahoo Finance is chronicling the latest news and updates on President Trump's plans to impose tariffs on goods from other countries.

KUALA LUMPUR (Reuters) -Top Chinese and U. economic officials on Sunday hashed out the framework of a trade deal for U.