US-China Trade Tensions Appear To Cool Before Upcoming Trump-Xi Meeting

News Snapshot:

LOADINGERROR LOADING KUALA LUMPUR, Malaysia (AP) — U.S.-China trade tensions appeared to cool Sunday before an upcoming meeting between President Donald Trump and Chinese leader Xi Jinping, with each side saying a deal was nearing between the world’s two largest economies. Any agreement would be a relief to international markets even it does not address underlying issues involving manufacturing imbalances and access to state-of-the-art computer chips. Advertisement Beijing recently limited exports of rare earth elements that are needed for advanced technologies, and Trump responded by threatening additional tariffs on Chinese products. The prospect of a widening conflict risked weakening economic...