President Donald Trump and officials from China announced that they have agreed on a framework for a trade deal between the two major economic powers.

The deal removes Chinese export restrictions on rare earths minerals and allows Chinese students access to U.S. universities.

In the days before President Donald Trump suddenly paused most of the punishing tariffs on foreign countries he had revealed in early April, more than a dozen congressional lawmakers were tied to thousands of dollars’ worth of stock transactions,

President Donald Trump said Wednesday that the United States is now in trade negotiations with "around 15 countries," including Japan and South Korea, after announcing a new trade agreement with China earlier that same day.

U.S. President Donald Trump said on Wednesday he would be willing to extend a July 8 deadline for completing trade talks with countries before higher U.S. tariffs take effect, but did not believe that would be necessary.

The International Monetary Fund is seeing signs that the rise in trade and activity to front-run US President Donald Trump’s tariffs is beginning to unwind as the global economy still faces heightened uncertainty.

US stock futures pulled back on Thursday as Wall Street assessed President Trump's evolving trade policy as well as softening inflation. On Wednesday, Trump said that he would send letters to trading partners within a week or two setting unilateral tariff rates.