Political science expert William Muck breaks down the president’s new trade agreement with Japan and what’s at stake in Trump’s upcoming meeting with China’s leader in South Korea.

Beijing and the Association of Southeast Asian Nations have signed an expanded free trade agreement as both sides face increased protectionism from the United States.

The Trump administration is widely expected to make a fresh agreement on trade this week with China, and U.S. stocks are rallying Monday.

Top Chinese and U.S. officials agreed on a trade framework as President Donald Trump said he was confident of hashing out a deal with China's Xi Jinping.

KUALA LUMPUR, Malaysia -- A trade deal between the United States and China is drawing closer, officials from the world’s two largest economies said Sunday as they reached an initial consensus for President Donald Trump and Chinese leader Xi Jinping to aim to finalize during their high-stakes meeting.

The free trade area covers a combined market of more than 2 billion people, lowers tariffs on goods, and boosts flows of services and investment.View on euronews

A tariff hike could potentially damage the Chinese economy. The U.S. imported about $438 billion worth of goods and services from China last year, making it the largest destination for China’s exports. In all, that figure accounts for about 15% of China’s exports, according to the Office of the U.S. Trade Representative.

Stocks spiked to al-time highs to start the week. extending gains from Friday's record-setting rally. Chips and rare earth stocks were among the big movers.

In reality, President Xi may have other ideas. While US Treasury Secretary Scott Bessent pushes China to light a fire under consumer spending and the White House touts Trump’s Asia trip as a ringing success, China’s latest five-year plan appears to show Trump’s rebalancing dream to be—as far as Beijing is concerned— a fantasy.

Gold fell more than 2% to a three-week low on Tuesday, as optimism over easing trade tensions lifted risk appetite and squeezed demand for safe-haven bullion, while investors turned their attention to the Federal Reserve policy meeting this week.

A comprehensive trade agreement between the U.S. and China may not be reached any time soon, said Thierry Wizman, global FX & rates strategist at Macquarie Group. While U.S. stocks popped higher on Monday after the U.