China–US trade talks in Malaysia

China and the US have concluded two days of "constructive" trade talks in Malaysia — their fifth round this year.
China's trade negotiator Li Chenggang said the US side maintained a tough stance, while China stayed firm in defending its interests and rights.
Key takeaways from the Chinese press briefing:Both sides held candid and in-depth discussions on major issues, including

•Export controls

•Extension of the tariff truce

•Fentanyl-related tariffs and cooperation on drug control

•Expansion of bilateral trade

•US Section 301 measures on port fees

They reached a preliminary consensus on addressing respective concerns and will now move to internal approval procedures. Li emphasized that the consultations were based on mutual respect and equality, a remark widely seen as a response to recent accusations by US Treasury Secretary Scott Bessent.
On the US side, Trade Representative Jamieson Greer described the meeting as "constructive and productive", while Bessent called it "constructive, far-reaching, and in-depth".