The president said he and Chinese President Xi Jinping still need to sign off on a preliminary deal, even though he called it "done."

Billions of dollars of Chinese goods have been impacted by additional U.S. tariffs since 2018, initially under the first Donald Trump presidency and later under the Biden administration. Returning to the White House this year,

The Trump administration is “highly likely” to extend next month’s deadline for countries to agree one-for-one trade deals — so long as they are engaged in “good-faith negotiations,” Treasury Secretary Scott Bessent told lawmakers Wednesday.

While it appears MLB — and, effectively, its fans — will be paying extra for baseballs in the minor leagues, Trump has seesawed on the degree of tariffs across the world during his second term in office, making it unclear and confusing what the number will be on a daily basis.

Imports to the busiest U.S. seaport at Los Angeles dropped 9% year-on-year in May and could remain muted through the remainder of 2025, after companies responded to President Donald Trump's 145% tariffs on China by canceling or putting holds on shipments,

With the post-pandemic surge in corporate profits, "margins have never been higher in the history of humankind," Jeff Klingelhofer said.

As President Donald Trump on Wednesday announced progress on trade negotiations with China, Wall Street continues to ask questions on how much tariffs the nation’s retail chains can handle.

While Donald Trump hailed the outcome of trade talks in London, Xi Jinping walked away with an understated strategic gain: a negotiating process that buys China time and helps defuse the threat of more harmful tariffs and technology curbs.