The week has become even trickier to predict, with talks between the U.S. and China now taking center stage, potentially complicating the picture for Europe.

The hope, and the expectation, is that when U.S. officials meet their Chinese counterparts in Stockholm to talk economics and trade next week, they will build on a recent lessening of tensions as the U.S. tries to set up a fall meeting between the countries’ leaders and lay the groundwork for another loosely defined trade pact.

The Trump administration is more concerned with the quality of trade agreements than their timing, U.S. Treasury Secretary Scott Bessent said on Monday ahead of an August 1 deadline for countries to secure trade deals or face steep tariffs.

Hang Seng drops after five-day rally as caution builds ahead of US-China trade talks; EV and tech stocks lead the retreat.

There were big trade talks in Beijing yesterday, where the EU raised concerns with China about trade imbalances.

China wants to bring its trade ties with the U.S. back to a stable footing, its commerce minister said, adding that recent talks in Europe showed there was no need for a tariff war while urging the U.

As the U.S. heads toward fresh trade talks with China next week, President Trump is increasingly focused on trying to strike an economic bargain with Beijing, one that aims to open the Asian giant to more American business and technology.

President Trump says a China trade deal is taking shape ahead of next week's talks in Sweden. Asia Society Policy Institute vice president Wendy Cutler and Yahoo Finance Washington Correspondent Ben Werschkul discuss what the US may be pushing for and how upcoming tariff deadlines could shift.