KUALA LUMPUR, Malaysia (AP) — U.S.-China trade tensions appeared to cool Sunday before an upcoming meeting between President Donald Trump and Chinese leader Xi Jinping, with each side saying a deal was nearing between the world's two largest economies.

Any agreement would be a relief to international markets even it does not address underlying issues involving manufacturing imbalances and access to state-of-the-art computer chips.

Beijing recently limited exports of rare earth elements that are needed for advanced technologies, and Trump responded by threatening additional tariffs on Chinese products. The prospect of a widening conflict risked weakening economic growth worldwide.

China’s top trade negotiator, Li Chenggang, told reporters that the two sides had reached a “preliminary con

See Full Page