President Donald Trump said Monday that US and Chinese trade negotiators would "very shortly" resume talks in what he described as a breakthrough in the two economic superpowers' trade war.

Asian equity markets tanked and the yuan hit an 11-year low Monday after US President Donald Trump ramped up his trade war with China by hiking tariffs on more than half-a-trillion dollars worth of imports.

U.S. President Donald Trump on Sunday said a trade deal with Britain could be reached "quickly."

President Donald Trump on Sunday denied that his trade war with China is causing friction at the G7 summit, but indicated he will hold off from a threatened further escalation for now.

U.S. President Donald Trump on Sunday rowed back from a suggestion made just hours earlier that he regrets his trade war with China, saying instead he's only sorry not to have raised tariffs even higher.

President Donald Trump on Sunday said the United States and Japan had agreed "in principle" to a "very big" bilateral trade deal.

Analysts have warned that Lebanon needs to accelerate reforms to revive its floundering economy, after a leading global agency downgraded the country's credit rating.

On Friday, Fitch bumped Lebanon down to "CCC" while Standard & Poor's kept it at "B-/B" with a negative outlook.

EU President Donald Tusk said Saturday that the bloc would retaliate against the United States if it imposed tariffs on French wine as President Donald Trump is threatening to do.

The Standard & Poor's credit rating agency on Friday kept Lebanon's rating at B- while the Fitch agency downgraded it from B- to CCC.

In a statement, S&P affirmed its long- and short-term foreign and local currency sovereign credit ratings on Lebanon at 'B-/B', saying that the outlook remains negative.

Federal Reserve Chair Jerome Powell vowed Friday to act to ensure that the U.S. economic expansion continues, but admitted the central bank had limited tools to respond to an intensifying trade war.