Asian stocks advanced on Tuesday after U.S. President Donald Trump indicated the United States and China are on track for a significant trade agreement, adding that Beijing had been "very respectful" and was already paying "tremendous amounts of money" under existing tariffs.
"A lot of countries took advantage of the U.S., and they are not able to take advantage anymore. China's paying 55 percent and a potential 155 percent come November 1 unless we make a deal," Trump said.
For comments and feedback contact: editorial@rttnews.com
Market Analysis
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.