President-elect Donald Trump is turning to two officials with experience navigating not only Washington but the key issues of income taxes and tariffs as he fills out his economic team.

President Joe Biden and Donald Trump agree on essentially nothing, from taxes and climate change to immigration and regulation.

Conservatives in Congress are anxious to counter China, which is America’s leading economic adversary.

President Joe Biden will soon be signing into law a major bill to revive the U.S. computer chip sector.

Former Vice President Mike Pence has launched a new advocacy group as he and other Trump administration officials look to boost their post-White House plans.

Trump tweeted: “The China Trade Deal is fully intact. Peter Navarro, director of trade and manufacturing policy at the White House, told Fox News “it’s over," when asked a question that was focused on the China trade deal. “(Trump) obviously really wanted to hang onto this trade deal as much as possible. And he wanted them to make good on the promises, because there had been progress made on that trade deal, but given everything that’s happened and all the things you just listed, is that over?" In January, the U.S. and China reached an interim trade deal to reduce tariff tensions.

WASHINGTON, DC – After months of political wrangling, House Democrats agreed Tuesday to President Donald Trump’s revamped version of a 25-year-old North American free trade agreement. The pact is Trump’s replacement for the North American Free Trade Agreement, which took effect in 1994. NAFTA slashed tariffs and tore down most trade barriers between the United States, Canada and Mexico, unleashing a burst of trade between the three countries. Trump’s version mostly continues to allow the free flow of trade across North American borders of the three countries. Trade is a relatively small part of the U.S. economy and trade with Mexico and Canada is smaller still.

(CNN) - Prospects of a sweeping trade deal between the United States and China appear to be dimming as negotiators prepare to resume two days of talks on Thursday. The news of a potential partial deal reported by Bloomberg appeared to bolster investors' confidence on Wall Street, sending stocks climbing. Tensions between the US and China heightened this week as the Trump administration blacklisted more than two dozen Chinese firms and put visa restrictions on Chinese officials. Two US officials also acknowledged that Trump's suggestion that China investigate former Vice President Joe Biden hasn't been necessarily helpful to the relationship between the two countries, though it's not expected to arise in the trade talks. American farmers, who have taken the brunt of the hit from the trade war, have been helped by two rounds of bailouts from the Trump administration, totaling $28 billion.

CNNMoney/Shutterstock(CNN) - The top US trade negotiator on Tuesday said that new tariffs on $300 billion in Chinese-made consumer goods including cell phones, toys and video game consoles would be delayed until December 15. President Donald Trump said earlier this month that he would add a 10% tariff on an additional $300 billion of Chinese-made products on September 1, which would effectively put a tax on all Chinese goods coming into the United States. Last year, Trump imposed tariffs on about $250 billion in Chinese-made goods, targeting industrial materials and components. "Trade talks are continuing, and during the talks the U.S. will start, on September 1st, putting a small additional tariff of 10% on the remaining 300 billion dollars of products coming from China into our country," he tweeted at the time. In a statement Tuesday, the Office of the US Trade Representative said that it was also recommending a delay in the tariff for certain products based on health, safety and national security reasons.

Kiyoshi Ota/Getty ImagesTOKYO - Asian stocks traded modestly higher Tuesday. South Korea's Kospi rose 0.2%. Here are some of the other big moves on Asian markets at 10:30 a.m. Hong Kong time. Hong Kong is set to announce its second-quarter GDP figures later this week. On Monday, Hong Kong stocks closed 1% lower.

Spencer Platt/Getty Images(CNN) - South Korean shares fell in early trade on Thursday after North Korea launched two unidentified projectiles. The Kospi index fell 0.8% after the country's military said that Pyongyang had launched two projectiles toward the East Sea, also known as the Sea of Japan. The market losses came despite a stronger-than-expected rebound in South Korea's economy in the second quarter. GDP rose by 1.1% following a surprise contraction in the first three months of the year, according to data published Thursday. South Korea missed out on modest gains across other Asian markets, which were drawing support from confirmation of new US-China trade talks and hopes of central bank stimulus.