Malaysia, Trump and Trade
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The president will kick off his Asia tour in Kuala Lumpur, Malaysia, on Oct. 26 where he will participate in the 47th ASEAN Summit.
The US president is starting a high-stakes trip to Asia, the highlight of which is a meeting with Chinese President Xi Jinping.
Malaysia and the US also inked a Memorandum of Understanding (MOU) on Critical Minerals during the ceremony. According to the White House, Malaysia has committed to refraining from banning, or imposing quotas on, exports to the US of critical minerals or rare earth elements.
President Donald Trump left for Asia late on Oct. 24, as the U.S. government shutdown continues and with the president seeking to resolve a trade war.
Since trade negotiations between Malaysia and the US kicked off in April, Malaysia has already increased its purchase of American gas and tightened controls on “origin washing” and movement of AI chips - curbs aimed at clamping down on Chinese evasion of trade sanctions.
US President Donald Trump arrived Sunday in Malaysia for the 47th ASEAN Summit and a Cambodia-Thailand peace accord that is expected to be signed. Trump was welcomed by Malaysian Prime Minister Anwar Ibrahim with a ceremony. He landed around 10 am local time (0200GMT) at the Kuala Lumpur International Airport.
President Trump is on a multi-country trip through Asia and will meet multiple foreign leaders.
This marks US President Donald Trump's first Asia tour, which will cover high-risk trade talks with his Chinese counterpart, Xi Jinping.
Malaysian Foreign Minister Mohamad Hasan has warned Southeast Asian counterparts that neutrality is shrinking due to big power rivalry.
The Opening Ceremony of the 47th ASEAN Summit and Related Summits is scheduled for 26 October and will be attended by all ASEAN Leaders, including the President and the Prime Minister of Timor-Leste,