US and China Prepare for Key Trade Talks Amid Tariff Tensions
TL;DR Summary
China and the US are set to hold new trade negotiations next week to avoid escalating tariff conflicts, with Trump acknowledging that current US tariffs on Chinese goods are unsustainable. Trump plans to meet Chinese President Xi Jinping at the APEC summit in November, amid ongoing tensions over China's export controls on rare earths and US threats of new export restrictions. Both sides have expressed a desire to continue discussions to prevent further economic damage.
- China tariffs 'not sustainable' — Trump DW
- US-China Trade Talks Seen Next Week as Trump Plays Down Tariffs Bloomberg.com
- Trump Treasury Sec. Bessent to speak with Chinese trade counterpart on Friday CNBC
- What awaits the next Trump-Xi meeting? Brookings
- Bessent to meet China’s vice-premier in bid to solve rare earths spat Financial Times
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