27-10-2025

US-China Trade Deal Nears Amid Asia Diplomacy

Date: 27-10-2025
Sources: bbc.com: 2 | cbsnews.com: 4 | cnbc.com: 5 | edition.cnn.com: 3 | foxnews.com: 2 | news.sky.com: 2 | nytimes.com: 2 | scmp.com: 2 | straitstimes.com: 1 | theguardian.com: 1
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Source: foxnews.com

Image content: The image depicts Donald Trump, dressed in a navy suit, greeting a group of individuals in traditional Malaysian attire. The main subject is Trump, who is shown with his back to the camera and his right arm raised in a gesture of greeting or acknowledgement. In the background, several men are visible, including some wearing traditional Malaysian clothing and hats, while others are dressed in formal suits, applauding Trump's presence.

Summary

US President Donald Trump is on an Asia trip, meeting with regional leaders and making progress on a potential trade deal with China ahead of a crucial meeting with Chinese President Xi Jinping. The US and China have agreed on a framework for the trade deal, which includes removing the threat of 100% tariffs on Chinese imports and a final deal on TikTok's US operations. Trump's trip also includes visits to Japan and South Korea, where he will discuss investment deals and regional security concerns.

Key Points

  • US and China agree on a framework for a trade deal ahead of Trump's meeting with Xi Jinping
  • The deal includes removing the threat of 100% tariffs on Chinese imports and a final agreement on TikTok's US operations
  • Trump's Asia trip includes visits to Japan, South Korea, and meetings with regional leaders to discuss trade and security issues
  • China's industrial profits surged 21.6% in September, driven by government efforts to curb price wars and ease pressure on manufacturers
  • US Treasury Secretary Scott Bessent indicates that Trump's proposed 100% tariffs on Chinese imports are 'essentially off the table'

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