China appears poised to strike a trade deal with the US after months of tit-for-tat tariff measures that have left global markets reeling. Representatives from both countries reached a “basic consensus” on Sunday afternoon following “in-depth and candid discussions” amid the ASEAN Summit. US President Donald Trump is set to meet with Xi Jinping in a few days. He also held talks with Brazilian President Luiz Inácio Lula da Silva to jumpstart the bilateral negotiation process. But with Prime Minister Narendra Modi attending the event virtually, India appears to be following a slightly different strategy.

US says 100% tariff ‘off the table’ for China

China and the United States have reached a “basic consensus” on how to handle their respective trade concerns after two days of talks in Kuala

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