President Trump says he reached a trade agreement with the Philippines following a White House visit by its president. The U.S., the Philippines and other Asian allies are increasing their cooperation to counter China,

President Donald Trump’s vows to roll out punishing new tariffs on Aug. 1 have barely made a ripple with investors who are convinced he’ll once again back down. But at the White House, officials insist they’re serious this time.

Trump has sent letters to leaders of dozens of countries outlining the tariff levels set to begin on Aug. 1. In recent months, Trump has rolled back some of his steepest tariffs, meaning delays could be possible in the case of the Aug. 1 deadline. The Trump administration appears to have stood largely behind the deadline in recent days, however.

A slew of countries will face steep levies, including a 50% tariff on imports from Brazil and a 30% tariff on the European Union.

China, initially singled out with tariffs exceeding 100%, has until August 12 to reach an agreement with the White House to keep Trump from reinstating additional import curbs imposed during tit-for-tat tariff exchanges in April and May. "One conclusion is ...

The US tariff rate on most Chinese imports now amounts to 145%, Washington says. US President Donald Trump announced a new levy of 125% on goods from China on Wednesday, but the White House has ...

The White House has taken an optimistic tone on the outlook of trade and broader relations with Beijing in recent weeks. This comes after a couple rounds of trade talks and discussions about a

The U.S. now also has a trade framework for 19 percent duties on Philippine imports and 15 percent for Japanese goods entering the US market.