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.

The United States and China appear to have hammered out the framework of a trade deal in advance of Presidents Donald Trump and Xi Jinping's meeting this week, removing the threat of an imminent coll...

That sent stocks sharply higher, with South Korea's KOSPI (.KS11) and Japan's Nikkei (.N225) adding more than 2% each and crossing landmarks to record highs.

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.