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 reac

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