00:00The United States and China are getting closer to reach a trade deal, officials from both sides
00:08said on Sunday. The development comes as US President Donald Trump is traveling through
00:14Asia, where he's currently in Malaysia for a summit. Trump and Chinese leader Xi Jinping
00:19are expected to further finalize the deal during their high-stakes meeting on Thursday in South
00:24Korea, which is Trump's last stop on his trip. Tensions have been high between the two.
00:32Recently, Beijing decided to implement tighter restrictions on rare-earth exports,
00:37and in response, Trump threatened additional tariffs on Chinese imports. However, Trump
00:43expressed confidence that an agreement was nearby, claiming that both China and the US
00:48want to make a deal.
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