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

The Treasury secretary said a ‘very successful framework’ was laid for a coming Trump-Xi meeting and signaled a possible extension of the trade truce.

American and Chinese officials reached a “very successful” framework for the upcoming leaders’ summit, Treasury Secretary Scott Bessent said after two days of talks in Malaysia.

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.

The world's two largest economies are looking to avert an escalation of their trade war after U.S. President Donald Trump threatened new 100% tariffs on Chinese goods and other tr

President Trump is embarking on a six-day diplomatic tour of Asia, testing his role as a statesman and negotiator as he pursues a trade deal with Beijing.

US President Donald Trump arrived in Malaysia on Sunday on the first leg of an Asian tour that will include high-stakes trade talks with Chinese counterpart Xi Jinping.