The White House announced a "China trade deal" in a May 11 statement, but did not disclose details. The apparent agreement came together sooner than most observers expected after Trump's 145% tariffs on Chinese imports virtually halted $600 billion in annual trade between the world's two largest economies.

Analysts welcomed the de-escalation agreed in Geneva, but told Newsweek that many questions remain unanswered.

The United States and China have signed a "trade deal" after a more than month-long trade war between the world's two largest economies, the White House has said. The pair had been negotiating in Geneva,

India and the US are in talks to finalise the first phase of a trade deal by July. Commerce Minister Piyush Goyal is in the US for discussions. India wants relief from a 26% duty on some items.

The de minimis provision (and how it affects cheap purchases from Temu and Shein) was not mentioned in the deal.

Donald Trump has claimed that India is ready to eliminate 100% tariffs on US goods, calling it a major breakthrough. However, India’s external affairs minister S. Jaishankar countered, saying trade negotiations are ongoing and far from final.

India-US trade deal talks are progressing with negotiations underway for a trade agreement that India expects to be divided into three phases. The aim is to finalise an initial trade deal ahead of July,

US President Donald Trump has reportedly claimed that India has proposed a sweeping trade agreement that would allow “basically zero tariffs” on a wide range of American goods. As reported by Reuters,

President Donald Trump made an off-hand remark about his growing frustrations with the European Union as he attempts to negotiate trade deals.

China has criticised the UK-US trade deal in a major blow to Keir Starmer’s bid to improve relations with the communist country. Beijing said it was a “basic principle” that such agreements should not target other nations.