They’re talking right now, but the decision-maker, of course, is President Trump,” Lutnick said of the state of negotiations with China.

U.S. and Chinese officials meet in Stockholm to extend a tariff pause and ease trade tensions. Talks could lead to a Trump-Xi summit later this year.

Taiwan's president is set to delay a diplomatically sensitive trip his team had floated to US because of ongoing US–China trade talks, according to sources familiar with the matter.

Oil extended gains on Tuesday, lifted by hopes of improved economic activity after the U.S.-EU trade deal, a potential U.S.-China tariff truce and President Donald Trump's shorter deadline for Russia to end the Ukraine war.

Foreign ministry says Beijing has interest in growing Brazil ties, including ‘cooperation on aviation’, with US duties to start on Friday.

The Trump administration’s trade deal with China that sharply lowered the tariff rate on Chinese imports is expected to be extended past its Aug. 12 deadline, Treasury Secretary Scott Bessent predicted Tuesday, though he maintained higher tariff rates on other countries’ imports are still slated to take effect Aug. 1 as scheduled.

President Trump and European Commission President Ursula von der Leyen announced Sunday that the US and EU had agreed to the framework of a trade deal that included a baseline tariff rate of 15% on EU goods imported into the US.

U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng were meeting at the offices of Sweden’s prime minister for two days of talks, which Bessent has said will likely lead to an extension of current tariff levels.