US-China Trade Talks Begin Amid Rare Earths Tensions
US and Chinese officials have initiated critical trade talks in Kuala Lumpur ahead of Thursday’s Trump-Xi summit. The negotiations come as Beijing implements rare earths export controls and Washington threatens additional 100% tariffs, raising concerns about renewed trade war escalation between the world’s largest economies.
High-Stakes Negotiations Underway
Senior US and Chinese officials have reportedly begun crucial trade discussions in Malaysia, setting the stage for what analysts describe as a make-or-break summit between Presidents Donald Trump and Xi Jinping later this week. According to sources familiar with the matter, Treasury Secretary Scott Bessent and Chinese Vice-Premier He Lifeng are leading negotiations in Kuala Lumpur that could determine whether the world’s two largest economies can avoid a full-scale trade war resumption.
