China, Trump and Xi
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Treasury Secretary Scott Bessent said 100% tariffs on China are "effectively off the table" after a "very good two-day meeting" between the U.S. and China.
The ASEAN bloc of Southeast Asian nations and China on Tuesday signed an upgrade to their free trade agreement, which includes sections on digital, the green economy and other new industries, Beijing's Commerce Ministry said.
President Donald Trump and Chinese President Xi Jinping are expected to reach a deal to avert a new 100% U.S. tariff on Chinese goods.
Treasury Secretary Scott Bessent expects major progress on both trade negotiations and a TikTok deal when Trump meets Xi in Korea next week.
1don MSN
How President Trump's China tariffs are taxing the price of cherished Halloween pumpkin pastime
The price of a pumpkin carving kit shows how tariffs on China are causing steep price hikes even among relatively cheap holiday items.