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.

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.

Trump predicted he would reach a 'fantastic' trade deal with China's President Xi Jinping, despite disputes about tariffs and rare earths.

Treasury Secretary Scott Bessent expects major progress on both trade negotiations and a TikTok deal when Trump meets Xi in Korea next week.

BANGKOK (AP) — China did not back down Monday in a back-and-forth with the U.S. over trade, calling for U.S. President Donald Trump to withdraw his latest threat of a 100% tariff and other export control measures announced over the weekend.

The price of a pumpkin carving kit shows how tariffs on China are causing steep price hikes even among relatively cheap holiday items.