Top US and Chinese economic officials are set to meet in Kuala Lumpur on Saturday in a last-ditch effort to prevent their trade war from intensifying and to pave the way for a meeting between US President Donald Trump and Chinese President Xi Jinping next week.

The talks, taking place on the sidelines of the ASEAN summit, come days after Trump threatened to impose 100% tariffs on Chinese goods starting November 1 in retaliation for Beijing’s expanded export controls on rare earth magnets and minerals. Advertisement

According to Reuters, the recent moves have derailed months of careful diplomacy led by US Treasury Secretary Scott Bessent, US Trade Representative Jamieson Greer, and Chinese Vice Premier He Lifeng, who have held four previous rounds of talks since May. Saturday’s session a

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