China and the United States have begun talks in Kuala Lumpur, Malaysia on Saturday to prevent further escalation of their trade war. The discussions aimed to ensure that a meeting occurs next week between US President Donald Trump and Chinese President Xi Jinping.

US and China Hold Crucial Talks in Kuala Lumpur

According to The Sun , discussions taking place alongside the Association of Southeast Asian Nations (ASEAN) summit aim to outline the next steps after US President Donald Trump announced plans for new 100% tariffs on Chinese goods. The proposed measures, set to take effect on November 1, are intended as retaliation for China’s broadened export restrictions on rare earth magnets and minerals. In response, the United States has also expanded its export blacklist to include thousa

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