US and China Hold High-Stakes Talks to Avert Trade War Escalation

Top economic officials from the U.S. and China are meeting in Kuala Lumpur to prevent an escalation of their trade war. The talks aim to resolve disputes over China's new export controls on rare earth minerals and expanded U.S. technology blacklists. A successful outcome is seen as crucial for salvaging a planned meeting between Presidents Trump and Xi Jinping at the upcoming APEC summit in South Korea, where they could potentially agree on interim tariff relief and other measures.