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View all search resultsChina, US to hold trade talks in Malaysia in coming days
"As agreed by both China and the United States... vice premier He Lifeng will lead a delegation to Malaysia from October 24 to 27 and hold economic and trade talks with the United States," Beijing's commerce ministry said in a statement.
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This combination of pictures created on June 05, 2025, shows Chinese President Xi Jinping at the Kremlin in Moscow on May 8, 2025, and US President Donald Trump at US Steel - Irvin Works in West Mifflin, Pennsylvania, on May 30, 2025. Two two leaders held a phone call on Sept. 19, 2025. (AFP/Evgenia Novozhenina and Saul Loeb)
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hina said Thursday it will hold a next round of trade talks with the United States in Malaysia, as the world's two biggest economies seek to avoid further escalating a damaging tit-for-tat tariff war.
"As agreed by both China and the United States... vice premier He Lifeng will lead a delegation to Malaysia from October 24 to 27 and hold economic and trade talks with the United States," Beijing's commerce ministry said in a statement.
Beijing this month announced sweeping controls on the critical rare earths industry, prompting US President Donald Trump to threaten 100 percent tariffs on imports from China in retaliation.
Trump has also threatened to cancel his expected meeting with Chinese counterpart Xi Jinping in South Korea later this month on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit.
But the US president has made it clear he hopes to seal a "good" deal with China and end the trade war.
Thursday's announcement comes after He, who has taken a lead role in managing the thorny row with Washington, agreed to fresh in-person talks in a call with US Treasury Secretary Scott Bessent over the weekend.
The talks will cover "important issues in the economic and trade relationship between China and the United States", the commerce ministry said in the statement.
On Wednesday, Trump said he expected to reach agreements with Xi when they meet in South Korea next week that could range from resumed soybean purchases by Beijing to limits on nuclear weapons.
Trump told reporters in the Oval Office that he planned discuss China's purchases of Russian oil and how to stop Russia's war in Ukraine, now in its third year.
"I think we'll make a deal," Trump told reporters during a meeting with NATO Secretary General Mark Rutte, adding he believedthat Xi had shifted his thinking on the war in Ukraine and would be receptive to a discussion about ending the war.
"He would now like - I'm not sure that he did at the beginning - he would now like that war to end," he said.
Trump's comments stood in contrast to more strident remarks from his top trade negotiator and finance chief, who were headed to Asia on Wednesday to keep Trump's meeting with Xi, the first of his second term, on track.
The US president downplayed the importance of China's curbs on exports of rare earth magnets that have roiled markets, calling it "a disturbance" and describing tariffs as a "more powerful" issue.
