The U.S. and China agreed to lower tariffs for 90 days. The details: U.S. tariffs on Chinese goods will fall to 30 percent from 145 percent. Meanwhile, China’s blanket tariffs on U.S. products will drop to 10 percent from 125 percent. A few tariffs will remain. President Donald Trump signed an order to lower prescription drug prices.

President Donald Trump is expected on Monday to embark on an official visit to the Middle East, a major international trip during which he and his diplomats will continue pushing for peace between Russia and Ukraine and in the Gaza Strip.

President Donald Trump has agreed to cut tariffs on British autos, steel and aluminum in a planned trade deal.

The weekend deal adds to the sense that President Donald Trump may be backing off some of the more stringent trade tariffs.

U.S. stocks climbed Monday after Treasury Secretary Bessent touted substantial progress on talks with the Chinese setting up a busy week of trade talks as President Trump heads to the Middle East. In economic and earnings news,

US President Donald Trump announced a "total reset" in trade relations with China following a temporary tariff truce. The agreement involves both nations reducing tariffs for 90 days to facilitate further negotiations,

The issues of China trade talks, a ceasefire between Pakistan and India, the Ukraine war and Gaza hostages have been in the president's in-tray.

Oil prices had plunged the lowest level in four years earlier this month as President Donald Trump's global tariff regime raised the risk of a recession that would slow demand. The lower tariff rate will remain in place for 90 days as the world's two largest economy continue to negotiate,