The move by the Trump administration to lower tariffs on goods from China to 30% from 120%, still offers limited reprieve for US small businesses, who remain cautious as tariffs are still sky high by historical levels and are also pressuring profits.

Trade deals are driving the recovery for U.S. stocks with the S&P 500 erasing all of its losses post Liberation Day. President Trump continues his Middle East trip striking partnerships and investments,

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.

Top US officials and their Chinese counterparts will meet in Switzerland at the weekend to hold trade discussions, boosting hopes for a potential deescalation in the US-China trade war. Treasury Secretary Scott Bessent and trade representative Jamieson Greer will get round the table with Chinese Vice Premier He Lifeng in the most senior-level talks since President Trump's tariff push launched in early April.

President Donald Trump is scheduled to speak Tuesday at an investment forum in Riyadh, Saudi Arabia, following a meeting with Crown Prince Mohammed bin Salman, in which Trump highlighted their friendship.

President’s plan to accept ‘palace in sky’ Qatari plane facing Maga backlash - Trump has defended reports the Qatari royal family will gift a $400 million Boeing jet to the president to use as the new

U.S. stocks soared Monday as investors celebrated major progress on a U.S.-China trade deal. The Dow added over 1,100 points, exiting correction territory, while the Nasdaq Composite began a fresh bull market.