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The Guardian - UK

World

Lisa O’Carroll

US and China agree ‘framework’ for trade deal ahead of Xi-Trump meeting

United States Donald Trump China Scott Bessent Xi Jinping Li Chenggang Jamieson Greer Luiz Inácio Lula da Silva

Donald Trump and China's President Xi Jinping prepare to shake hands — The US and China have agreed a framework for a trade deal just days before Donald Trump and Chinese president Xi Jinping are due to meet. Photograph: Damir Šagolj/Reuters

The US and China have agreed a framework for a trade deal just days before Donald Trump and Chinese president Xi Jinping are due to meet.

Treasury secretary Scott Bessent said the agreement, forged on the sidelines of the Association of south-east Asian Nations (Asean) summit in Malaysia on Sunday, would remove the threat of the imposition of 100% tariffs on Chinese imports starting on 1 November and include “a final deal” on the sale of TikTok in the US.

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