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.

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.

The U.S. will keep high tariffs on Chinese goods, President Donald Trump announced, touting a framework that he and Chinese President Xi Jinping will need to OK.