Representatives from China and the U.S. met for a second day Sunday to discuss trade policies amid fallout from President Donald Trump’s tariff plan.

After second day of talks with the U.S., Chinese Vice Premier He Lifeng said trade talks with the U.S. “achieved substantial progress and reached important consensus.”

Although the White House called the trade deal a 'milestone,' U.S. officials also described it as merely the 'end of the beginning' of talks involving the trade relationship with Britain.

On President Donald Trump’s 101st day in office, he warned that children may have to shrink their toy chests as tariffs raise the price of dolls from China.

President Donald Trump is "determined to continue with a "10% baseline tariff" against all countries despite his U.K. trade deal, the White House said.

It’s important to understand how quickly we were able to come to an agreement, which reflects that perhaps the differences were not as large as maybe thought.”

Treasury Sec. Scott Bessent says the U.S. is nearing trade deals with India, South Korea and Japan as President Donald Trump hits 100 days in office.

Officials wrapped up two days of bargaining in Switzerland and touted "substantial progress." More details are expected on Monday.

The United States will cut the low value "de minimis" tariff on China shipments, a White House executive order said on Monday, further de-escalating a potentially damaging trade war between the world's two largest economies,