In a series of positive developments, US and China officials have reached a preliminary framework for a trade deal as President Trump and President Xi prepare for their crucial meeting in Asia. Both nations are working towards easing trade tensions, with reports indicating China’s commitment to substantial purchases of US soybeans and a tentative agreement to avoid a 100% tariff escalation. Observers note the constructive nature of the talks held in Malaysia, where both sides aim to solidify their commitments and salvage the upcoming summit. The US Treasury Secretary expressed optimism about the negotiations, signaling a potential breakthrough that could ease ongoing trade disputes.