U.S. and China have "framework" of TikTok deal as Trump teases agreement
"We have a framework for a TikTok deal," Treasury Secretary Scott Bessent said after talks with Chinese officials in Spain.
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"We have a framework for a TikTok deal," Treasury Secretary Scott Bessent said after talks with Chinese officials in Spain.
The S&P 500 and Nasdaq notched new all-time highs, buoyed by easing trade tensions and hopes for lower interest rates.
The Trump administration keeps delaying enforcement of a bipartisan law that requires TikTok and ByteDance to fully sever ties.
U.S. and Chinese trade teams appeared to make modest progress a month before paused monster tariffs are due to resume, but Trump says a deal "is done."
Foot Locker is the second major U.S. shoe company to be acquired in recent weeks as tariffs hit footwear industry.
President Trump opened the door to lowering tariffs on China as U.S. and Chinese officials prepare to meet this weekend.
The exemptions, published late Friday in a notice by the U.S. Customs and Border Protection office, cover various electronic goods, including smartphones.
China says it is raising tariffs on U.S. goods to 125%, escalating the trade war between the two countries.
As Trump leaves China alone in facing high U.S. tariffs, Beijing says "the door to talks is open," but dialogue must come with "mutual respect."
China said it will hike its levies on U.S. imports to 84% after President Trump hit Chinese goods with even higher tariffs.
Consumer confidence continues to wane as Americans worry about the economy, jobs and their income.
As Canada and Mexico make plans for reciprocal tariffs on U.S. goods, Canadian Prime Minister Justin Trudeau calls President Trump's move "a very dumb thing to do."
Canada, Mexico and China are hitting back with retaliatory tariffs. The moves raised fears of higher prices for U.S. consumers and a trade war.
The USPS halted an order to suspend incoming packages from China that threatened to severely disrupt trade between the two major economies.
China says it will counter President Trump's tariffs on Chinese products with tariffs of its own on multiple U.S. imports. It also announced an antitrust probe into Google and other trade measures.
A strong earthquake killed more than 100 people in Tibet and left many others trapped in the autonomous region of western China, state media say.
The Supreme Court will hear arguments Jan. 10 in TikTok's challenge of a law that could lead to a ban of the widely popular platform.
Trump had warm words about TikTok and its near-term future earlier Monday, as the app faces a U.S. ban that's set to go into effect next month unless its Chinese-owned parent company cuts ties with it.
Mark Swidan, Kai Li, and John Leung have been released from detention, a spokesperson for the National Security Council said.
Police say 35 people were killed in Zhuhai, China, when a driver rammed his car into a crowded sports center a day before the city hosts a military air show.
A pair of giant pandas arrived at the National Zoo less than a year after the Washington zoo sent Mei Xiang, Tian Tian and their cub Xiao Qi Ji back to China.
U.S. stocks are rising in afternoon trading Monday building on its record set on Friday
CBS News fact checked the biggest claims made by Tim Walz and JD Vance during the vice presidential debate.
Countries around the world, including Russia, China and Egypt, have restricted social media network X for periods.
After years of absence, giant pandas return to the San Diego Zoo, a symbol of U.S.-China conservation efforts.
