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.

Day 28 of shutdown: Senate Democrats again blocked Republicans’ stopgap funding bill from advancing as both parties remain firm in their positions.

Grace Fan at TS Lombard on Friday warned that a "perilous new chapter in geopolitics and global trade" has been opened, regardless of how the Trump-Xi meeting goes.

Treasury Secretary Scott Bessent announced on Sunday that the Chinese government has agreed to a deal to sell TikTok to new ownership. “We reached a final deal on TikTok. We reached one in Madrid, and I believe that as of today,

U.S. President Donald Trump said on Monday that he was looking forward to meeting with Japan's newly elected Prime Minister Sanae Takaichi, who was a "great ally" of the deceased premier Shinzo Abe.