🇺🇸🇨🇳 U.S. & CHINA TALK TRADE - SMILES FIRST, DETAILS LATER
After 2 days of negotiations in Malaysia, Washington and Beijing consider it a victory - or at least a 'framework'.
Treasury Secretary Scott Bessent said the talks were 'constructive', hinting that a confrontation between Trump and Xi could happen soon.
The goal: to extend the fragile trade truce before it expires on November 10.
What topics are on the table? Soybeans, rare earths, TikTok, and fentanyl precursors - a cocktail of politics, profits, and power.
Both sides sounded optimistic, but beneath the smiles of the press releases, nothing is signed yet.
It's the world's greatest economic rivalry disguised as diplomacy... and this round ends with a pause.
Source: Wall Street Journal, Reuters