Asia-Pacific trade envoys will gather this week in South Korea for discussions on multilateral cooperation, with talks taking place at a time when countries are scrambling to respond to U.S. President Donald Trump's sweeping tariffs.

Asia stock markets trade mixed on Tuesday following a rally on Wall Street overnight after news of a temporary easing in U.S.-China trade tensions, with the U.S. set to cut tariffs on Chinese goods from 145% to 30% starting Wednesday,

TOKYO: Asian stocks joined the global rally and the US dollar held on to most of its gains on Tuesday (May 13) as investors heaved a sigh of relief after a temporary halt in the trade war between the

The world’s two biggest economies agreed to a temporary rollback of most of their recent levies after negotiating in Switzerland over the weekend.

Asia stock markets traded higher on Monday following substantial progress in U.S.-China trade talks on Sunday. Traders awaited further details from the negotiations, which were expected to be announced on Monday.

The US decision to lower tariffs was largely seen as a victory for China. Many analysts said President Trump had blinked. Eurasia Group founder Ian Bremmer described it as his “biggest climbdown to date”. Others said China had stared down Mr Trump’s tariffs and called his bluff.

Brad Setser from Council on Foreign Relations says a lot of trade in Asia are really just about China sending products or parts to other Asia economies which then assemble or repackage them and send to the U.

Global supply chain and manufacturing anxiety was near a breaking point, new data indicates, ahead of the U.S.-China trade war de-escalation.

WASHINGTON - U.S. Trade Representative Jamieson Greer said on Tuesday a 10% universal tariff on goods entering the United States would stay in place but U.S. officials were in talks with many countries to lower additional tariffs imposed by President Donald Trump.