President Donald Trump said on Tuesday the U.S. was close to a trade deal with China and that he would meet his Chinese counterpart Xi Jinping before the end of the year if an agreement is struck.

President Donald Trump said the U.S. was “getting very close” to a deal with China, while also threatening to impose higher tariffs on the European Union.

President Trump is seeking to promote U.S. energy in his trade negotiations, but announcements about agreements so far have been light on details, and actual outcomes are largely mysterious. Recently,

One country is clashing with the U.S., the other racing to appease Washington. Both approaches are being tested ahead of a looming deadline for trade deals.

ZURICH (Reuters) -Switzerland's government will hold an extraordinary cabinet meeting on Monday to discuss its response to President Donald Trump's 39% tariff on Swiss imports, which threatens to inflict heavy damage to its U.S.-dependent luxury goods industry.