US and China have 'framework' for Trump-Xi talks, Bessent says

Treasury secretary sees one-year delay in rare earth export controls

20251026 bessent

U.S. Treasury Secretary Scott Bessent speaks to journalists in Kuala Lumpur after talks with China on Oct. 26. (Photo by Norman Goh)

JAMES HAND-CUKIERMAN and NORMAN GOH

TOKYO/KUALA LUMPUR -- Chinese and U.S. negotiators have hammered out a "framework" for the rival powers' presidents to talk about face-to-face in the coming days, after huddling for two days in Kuala Lumpur.

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