Heads up: US-China trade talks will begin tomorrow in Malaysia | investingLive
US and China officials will meet in the Malaysian capital, Kuala Lumpur, from October 24 to 27 for the next round of trade talks. US Treasury Secretary Bessent and China’s Vice Premier He will meet in person after last week’s phone call.
The goal is of course to further de-escalate the renewed trade war. The market is almost certain that the two sides will make some kind of a deal and the 155% tariffs threatened by Trump won’t go into effect. That’s just common sense since it would be an economic suicide for both.
We will likely get an update on Monday from Bessent ahead of the Trump-Xi meeting at the APEC Summit next week.