As negotiations between China the U.S. ended Tuesday. Treasury Secretary Scott Bessent said that “nothing is agreed until we speak with President Trump.” Trump and Chinese leader Xi Jinping may meet in person over the next few weeks.

U.S. and Chinese officials agreed to seek an extension of their 90-day tariff truce on Tuesday, following two days of what both sides described as constructive talks in Stockholm aimed at defusing an escalating trade war between the world's two biggest economies that threatens global growth.

President Donald Trump will make his trade deal decisions this week even as separate negotiations with China and the European Union continue, U.S. Commerce chief Howard Lutnick said on Tuesday ahead of Trump's self-imposed Aug.