Bessent said Trump would likely visit Xi in Beijing early next year ahead of the Lunar New Year, and a meeting in Washington would likely happen ahead of Xi’s trip to the U.S.

Economic officials from China and the U.S. reached a preliminary consensus after discussions on a range of issues including the extension of their trade truce, fentanyl and export controls, China's top trade negotiator Li Chenggang said in Kuala Lumpur on Sunday.

Secretary of State Marco Rubio said Taiwan won't be abandoned in China trade negotiations, emphasizing continued U.S. support amid Beijing's diplomatic pressure campaign.

Treasury Secretary Scott Bessent told NBC's Meet the Press that the latest threat of massive escalation in the U.S.-China trade war is likely off -- days ahead of the November 1 deadline. The U.S. had threatened to impose a new,

Trade talks between the United States and China were moving towards a point where President Donald Trump and President Xi Jinping can have a productive meeting this week, U. Trade Representative Jamieson Greer said in Kuala Lumpur on Sunday.

Yahoo Finance is chronicling the latest news and updates on President Trump's plans to impose tariffs on goods from other countries.

S EVEN YEARS ago, when America’s trade war with China was just getting started, the Chinese science and technology ministry did something unusual. Its official newspaper, which usually confines itself to puff pieces about China’s accomplishments,