Kuala Lumpur: Optimism is building around a potential breakthrough in US-China trade negotiations as officials work toward finalizing key components of a deal ahead of a planned summit between President Donald Trump and Chinese President Xi Jinping later this week. US Trade Representative Jamieson Greer described recent discussions as both “broad-ranging” and “constructive,” signaling progress in resolving the longstanding trade tensions that have rattled global markets.

Greer, accompanied by Treasury Secretary Scott Bessent, met with senior Chinese officials in Kuala Lumpur over the weekend. He indicated that the talks focused on creating a framework for the leaders’ meeting, designed to outline the terms and areas of compromise that could form the basis of a comprehensive agreement. “

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