Southeast Asia's biggest economies prepared on Tuesday to step up trade negotiations with Washington after it hit them with steep tariffs, despite a last-ditch flurry of offers to boost imports and slash levies on U.

When US President Donald Trump signed an executive order on Monday to extend a pause on "reciprocal" tariffs until August 1, it offered little comfort to China. Instead, Beijing's policymakers may feel increasingly cornered,

Stocks fell on Wall Street as the Trump administration stepped up pressure on trading partners to make deals before punishing tariffs imposed by the U.S. take effect. The S&P 500 lost 0.8% Monday.