President Trump floated the idea of bringing tariffs on Chinese imports down to 80 percent from their current 145 percent rate, but he said it’ll be up to Treasury Secretary Scott Bessent.

Shares are mixed in Asia as investors pin their hopes on weekend trade talks between China and the U.S. U.S. futures and oil prices logged modest gains

U.S. stocks rose on Thursday as investors cheered a new trade agreement hammered out between the United States and Britain, while U.S. President Donald Trump signaled upcoming talks with China would be more substantial than initially thought.