Both nations pledged to cut their broad, ballooning tariffs after weekend talks. US tariffs dropped to 30% from 145%, while China’s moved to 10% from 125%, per a joint statement

The new US-China trade truce has eased some of the pressure on global markets, but its impact on companies like Boeing highlights how disruptive the

President Donald Trump is expected on Monday to embark on an official trip to the Middle East, a major international trip.

Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.

By Yousef Saba, Gram Slattery, Pesha Magid and Nafisa Eltahir RIYADH (Reuters) -President Donald Trump kicked off his trip to the Gulf on Tuesday with a surprise announcement that the United States will lift long-standing sanctions on Syria,

Bessent spoke at the House Appropriations subcommittee about the latest tariff negotiations and claimed the U.S. was in negotiations with 17 trade partners. However, he noted that one major trade partner has not spoken to the U.S. yet.

The 90-day pause is a major de-escalation in the tariff war and comes after talks between both countries in Geneva.