US and China say trade deal drawing closer as Trump and Xi prepare for meeting

NPRSunday, October 26, 2025 at 3:18:38 PM
US and China say trade deal drawing closer as Trump and Xi prepare for meeting
The recent statements from US and Chinese officials indicate that a trade deal between the two nations is becoming more likely. China's chief trade negotiator, Li Chenggang, mentioned a 'preliminary consensus,' while US Treasury Secretary Scott Bessent described the discussions as having a 'very successful framework.' This development is significant as it could ease tensions and foster better economic relations between the world's two largest economies.
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