China and the US made significant progress in trade talks held in Malaysia. Are the trade wars coming to an end?

During the negotiations in Kuala Lumpur, US and Chinese delegations reached a preliminary agreement. China's International Trade Representative Li Chenggang announced this development at a press conference.

The parties announced that they had reached a framework agreement that would be reviewed by the leaders of both countries. This is seen as an important step towards resolving trade tensions.

US Trade Representative Jamieson Greer noted that the negotiations were constructive and that the leaders could have a productive meeting.

These talks serve as a critical preparation for the APEC Summit where Trump and Xi will meet on October 30. It could be a pivotal moment for the future of relations between the two countries.