First Day of Sino-US Trade Talks, US Says "Very Constructive"

Senior officials from China and the United States launched trade talks in the capital of Malaysia on Saturday, aiming to ease the tense trade war between the two sides and pave the way for a leaders' meeting during the APEC Summit in South Korea next week.

Under the tense situation where China has significantly tightened its rare earth exports and the US has threatened to impose 100% tariffs, senior officials from both countries started negotiations in Kuala Lumpur on Saturday, aiming to prevent the trade war from escalating.

A spokesperson for the US Treasury told AFP: "The talks today have ended. The talks were very constructive, and we look forward to continuing the talks on Sunday morning."

The US officials participating in this negotiation are Treasury Secretary Scott Bessent and U.S. Trade Representative Jami H. Grier.

Reuters reporters noticed that Chinese negotiators arrived at the 118 Building in Kuala Lumpur on Saturday morning, and the talks were held there.

This high-stakes meeting between three officials from China and the United States may reach a phased solution on issues such as tariffs, technology controls, and China's purchase of U.S. soybeans.

According to Reuters, details about the ongoing talks provided by Chinese, Malaysian, and U.S. officials are limited.

Original: www.toutiao.com/article/1846962356404296/

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