U.S. Treasury Secretary Scott Bessent said on Sunday he has reached a "very substantial framework" with Chinese Vice Premier He Lifeng that will avoid 100% U.S. tariffs on Chinese goods and achieve a deferral of China's rare earths export controls.

The swing through Malaysia, Japan and South Korea is expected to test President Trump’s skills as a statesman and negotiator.

While there are multiple players in the global trade dance, the key to Trump's success or failure is China. And Trump's scheduled meeting with Chinese leader Xi Jinping on the sidelines of Apec – the first since 2019 – could set the course for US-China relations for the rest of Trump's second term in office.

Trump's Asia summit tour includes meetings with Chinese President Xi Jinping and other regional leaders as trade tensions with Beijing escalate.

Thailand and Cambodia have signed an expanded ceasefire agreement during a ceremony attended by President Donald Trump