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China's top trade negotiator Li says reached consensus with US after KL trade talks

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BEIJING: Economic officials from China and the U.S. reached a preliminary consensus after discussions on a range of issues including the extension of their trade truce, fentanyl and export controls, China's top trade negotiator Li Chenggang said in Kuala Lumpur on Sunday.


AI Brief
  • US and Chinese officials held talks at the ASEAN Summit to ease trade tensions and extend their fragile truce.
  • Discussions covered trade, fentanyl, export controls and broader bilateral issues.
  • China's top negotiator confirmed a preliminary consensus but did not disclose specific terms.


Li, alongside Vice Premier He Lifeng, held talks with U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer to de-escalate a trade war on the sidelines of the Association of Southeast Asian Nations summit.

Li did not provide details on the agreed-upon issues and terms.

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