Treasury Ssecretary Scott Bessent says there are initial agreements to stop the precursor chemicals for fentanyl coming into the U.S. and to purchase soybean and other agricultural products.

ASEAN Summit 2025 LIVE Updates: Ahead of US President Donald Trump and Chinese President Xi Jinping's meeting in South Korea, US Treasury Secretary Scott Bessent said that the 100% tariff on China is "effectively off the table".

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.

East Asian nations must uphold openness and cooperation to safeguard regional growth and resist protectionism, said Chinese Premier Li Qiang.

The Chinese and U.S. delegations reconvened on Sunday for the second day of talks on economic and trade issues.

Bitcoin and Ether jump as Washington and Beijing strike basic consensuses on tariffs, fentanyl cooperation and export controls