The Chinese and U.S. delegations reconvened on Sunday for the second day of talks on economic and trade issues.

The essence of China-U.S. economic and trade relations is mutual benefit and win-win results, and the two countries gain from cooperation and lose from confrontation, Chinese Vice Premier He Lifeng said after meeting in Kuala Lumpur from Saturday to Sunday with U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer.

Treasury Ssecretary Scott Bessent says there are initial agreements to stop the precursor chemicals for fentanyl coming into the U.S. and to purchase soybean and other agricultural products.

Treasury Secretary Scott Bessent said 100% tariffs on China are "effectively off the table" after a "very good two-day meeting" between the U.S. and China.

Bitcoin and Ether jump as Washington and Beijing strike basic consensuses on tariffs, fentanyl cooperation and export controls

Bitcoin approached $114K after the US and China reached a trade framework deal on Oct. 26, easing tariff threats & boosting crypto markets.

US officials expect China to delay introducing sweeping export controls on rare earths, after two days of talks in Malaysia raised hopes that Donald Trump and Xi Jinping would agree to extend a trade truce at their high-stakes summit this week.