Taiwan's president reportedly canceled his trip after the U.S. denied him permission to stop over in New York en route to Central America.

China is facing an Aug 12 deadline to reach a tariff agreement with the Trump administration. Read more at straitstimes.com. Read more at straitstimes.com.

U.S. and Chinese officials began a second day of talks in Stockholm on Tuesday to resolve longstanding economic disputes and step back from an escalating trade war between the world's two biggest economies.

The Taiwan talks come as trade negotiations in the region accelerate. On Wednesday, the United States and Japan announced a trade agreement that includes a 15% U.S. import tariff on all Japanese goods, lower than the 25% Washington had proposed previously.

Top U.S. and Chinese officials met for over five hours in Stockholm on Monday, aiming to extend a fragile trade truce. With a looming deadline and global markets on edge, both sides seek a breakthrough to avoid renewed tariff clashes.

Taiwan said more trade talks with the US will be held this week, while also hitting back at domestic speculation that the self-run democracy had already received a tariff letter from the US.