While Donald Trump's wide-ranging taxes on imports face scrutiny in court, he has touted a new "deal" with China that will see tariffs against the country remain at historic levels. Here's what it will mean for you.

The president said he and Chinese President Xi Jinping still need to sign off on a preliminary deal, even though he called it "done."

President Donald Trump and officials from China announced that they have agreed on a framework for a trade deal between the two major economic powers.