President Donald Trump is confident of hashing out a deal with President Xi Jinping, whom he is expected to meet next week, after top economic officials from both countries concluded two days of discussions to de-escalate a trade war.

US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer met with Chinese Vice Premier He Lifeng and top trade negotiator Li Chenggang on the sidelines of the ASEAN summit in Kuala Lumpur for a fifth round of in-person discussions since May.

"I think we have a very successful framework for the leaders to discuss on Thursday," Bessent told reporters.

Trump arrived in Malaysia on Sunday for a summit of the Association of Southeast Asian Nations, his first stop in a five-day Asia tour that is expected to culminate in a face-to-face with Xi

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