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.
A statement released on Sunday said that officials from China and the US held "frank, in-depth and constructive" exchanges on key trade issues, including tariff suspension, trade in agricultural products, and export controls.
China and the US gain from cooperation and lose from confrontation.
This was stated by Chinese Vice-Premier He Lifeng after meeting with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer in Kuala Lumpur.
Author's summary: China and US reach consensus on trade issues.