China and US Reach Basic Consensus
China and the United States have reached a "preliminary consensus" on key issues after two days of trade talks in Malaysia.
- tariff suspension
- trade in agricultural products
- export controls
China and the US gain from cooperation and lose from confrontation.
Chinese Vice-Premier He Lifeng made the statement after meeting with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer.
Author's summary: China and US reach consensus on trade issues.
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