China and the US have reached an important preliminary agreement during negotiations held in Malaysia. This development is seen as a critical step for the future of trade relations between the two countries.

China's International Trade Representative Li Chenggang announced at a press conference in Kuala Lumpur that the two delegations have reached a preliminary consensus on tariffs. This agreement will be submitted for internal approval in both countries.

US Trade Representative Jamieson Greer stated that the parties reached a framework agreement that the leaders of both countries could review after intense negotiations. This situation could change the course of global competition.

The significance of the negotiations lies in the uncertainty of whether the trade war between the two countries will end. However, this preliminary agreement is seen as a positive development.