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 Southeast Asian bloc ASEAN and China on Tuesday signed an upgrade to their free trade agreement, which is expected to include sections on digital, green economy and other new industries.

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

A long-awaited trade deal between the United States and China could soon be signed during President Donald Trump’s trip to Asia, according to U.S. Treasury Secr

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.

China has reported that its economy expanded at the slowest annual pace in a year in July-September, growing 4.8%, weighed down by trade tensions with the United States and slack domestic demand.

Trump has a recent history of stirring the pot, undermining the diplomatic victories Bessent and Greer secured with China. For instance, just weeks after they inked a deal resulting in significantly lower tariffs on both countries, Trump slapped export ...