China and the United States have reached several significant agreements during trade consultations in Kuala Lumpur, as reported by the Ministry of Commerce. The US will remove a 10% tariff on fentanyl-related Chinese goods and extend the suspension of a 24% retaliatory tariff on other Chinese imports for another year. In response, China will adjust its countermeasures and both nations will extend certain tariff exclusions. Additionally, the US will pause its 50% penetration rule on export controls for a year, with China reciprocating by suspending its related measures. The US will also halt Section 301 investigations into China's maritime and logistics sectors for a year, with China suspending its countermeasures accordingly. Both countries agreed on cooperation in fentanyl control, expanding agricultural trade, and resolving corporate issues, while affirming the outcomes of previous Madrid consultations. The US committed to positive actions in investment, and China will address TikTok-related issues. These agreements aim to enhance stability in China-US economic relations and the global economy.