He is raising tariffs on some of America’s most important trading partners, and the world is largely cheering the agreements as victories.

U.S. and Chinese officials will meet in Stockholm next week to discuss an extension to the deadline for negotiating a trade deal, U.S. Treasury Secretary Scott Bessent said on Tuesday as President Donald Trump announced a deal with the Philippines and released terms of a previous deal with Indonesia.

WASHINGTON (AP) — President Donald Trump on Tuesday said a trip to China might be “not too distant,” raising prospects that the leaders of the world’s two largest economies may meet soon to help reset relations after moving to climb down from a trade war.

As the two biggest economic targets in Donald Trump’s trade war, some analysts thought the European Union and China could move closer together and stake out common ground.