President Donald Trump said Thursday that the U.S. and China have been negotiating a deal on tariffs after Beijing said earlier that such assertions from Washington were "fake news."

It comes as a new poll shows just 37% of Americans approve of President Trump’s handling of the economy.

U.S. stocks closed higher on Wednesday, one day after President Donald Trump said tariffs on China would "come down substantially."

U.S. and China may strike a "big deal" on trade, the Treasury secretary said.

U.S. stocks rallied on Wednesday, one day after President Donald Trump said tariffs on China would "come down substantially."

Stocks rallied on Tuesday as markets attempt a recovery following a battering amid fears that President Donald Trump will attempt to fire Federal Reserve chairman Jerome Powell.

President Donald Trump called Federal Reserve Chair Jerome Powell “a major loser” in a Truth Social post and warned the economy would slow unless the Fed lowers interest rates.

Trump's remarks defied a longstanding norm of political independence at the Fed.

As Pres. Trump ramps up his pressure campaign against Federal Reserve Chairman Jerome Powell to lower interest rates, the Dow plunged nearly 1,000 points.

President Donald Trump's remarks defied a longstanding norm of political independence at the Fed.

After talks with Japan and Italy this week, Trump was asked on Thursday if he expects to announce an initial deal with any of these countries soon.

Federal Reserve chair Jerome Powell addressed President Trump's tariff policies calling the level of increased tariffs "significantly larger than anticipated."

ABC News' Elizabeth Schulze is in Atchison, Kansas where a group of nuns who secured their retirement by investing in the stock market, have become activists.

U.S. stocks were little changed in early trading on Tuesday, a day after President Donald Trump signaled a willingness to ease some tariffs but also impose new ones.

Stocks climbed in Monday trading following the White House announcement that key consumer electronics would be temporarily exempted from tariffs.

U.S. stocks closed higher on Monday following the White House announcement that key consumer electronics would be temporarily exempted from tariffs.

U.S. stocks climbed in Monday trading following the White House announcement that key consumer electronics would be temporarily exempted from tariffs.

ABC News’ Rebecca Jarvis reports about how global markets are reacting to President Donald Trump saying there will be no exceptions for tariffs on electronics.

ABC News' Phil Lipof speaks with San Francisco Chronicle personal finance and utility columnist Jessica Roy.

KPMG Chief Economist Diane Swonk discusses the whiplash on Wall Street as Americans start to feel the impact of tariffs.

U.S. stocks closed higher on Friday, ending one of the most volatile weeks in Wall Street history on an upswing, despite an escalating U.S.-China trade war and acute inflation fears.

Market gains defied an intensifying U.S.-China trade war and inflation fears.

A bond slump days earlier helped push Trump to delay some tariffs.

China's Ministry of Finance announced Friday that Beijing will increase tariffs on all U.S. goods from 84% to 125%, in response to the U.S. "imposition of abnormally high tariffs on China."

ABC News’ Rebecca Jarvis and Whit Johnson report on the latest news from Wall Street.

Investors were rattled after the White House clarified China tariffs are now at 145%.

ABC News’ Elizabeth Schulze is in Atchison, Kansas where a group of nuns who secured their retirement by investing in the stock market, have become activists.

U.S. stocks tumbled a day after President Donald Trump's dramatic decision to suspend "reciprocal tariffs" on most American trading partners but escalate duties on China.

International policy expert, Matthew McGuire, discusses what the market reaction is as President Donald Trump remains optimistic as the stock market plummets.

U.S. stocks tumbled a day after President Donald Trump's dramatic decision to suspend "reciprocal tariffs" on most American trading partners but escalate duties on China.

U.S. stocks plunged on Thursday, wiping away half of a historic rally a day earlier.

ABC News’ Rebecca Jarvis reports on the market reaction to President Donald Trump's decision to suspend "reciprocal tariffs" on most American trading partners but escalate duties on China.

United States stocks closed with major gains on Wednesday after President Donald Trump announced a 90-day pause on some tariffs.

Inflation cooled in March, though price increases remain above the Fed's target rate of 2%.

Bowing to pressure from worried investors, frustrated businesses and increasingly anxious Americans the president announced a 90-day pause on most of his sweeping retaliatory tariffs.

President Donald Trump also announced a China tariffs increase to 125%.

The Dow Jones Industrial Average climbed 2,962 points, or 7.8%, marking the index's best day since 2020. The S&P 500 jumped 9.5%, while the tech-heavy Nasdaq soared 12.1%.

The reciprocal tariffs imposed on more than 80 countries overnight have only fueled the chaos and uncertainty on Wall Street.

President Donald Trump is not backing down as new tariffs take effect on dozens of countries, including a 104% tariff on all Chinese products imported into the U.S.

Pres. Trump is forging ahead with massive tariffs, ratcheting up his trade war with China. The new tariff on all Chinese products imported to the U.S. is set to go into effect at midnight.

The move lower on Tuesday resumed a selloff that stretches back to Trump's tariff announcement last week. Since then, the S&P 500 and Nasdaq have each fallen more than 12%.

The market turbulence stretches back to Trump's tariff announcement last week.

ABC News’ Alexis Christoforous and Karen Travers report on the latest market reaction to President Donald Trump’s tariffs.

The Dow Jones closed down more than 300 points on Monday following President Donald Trump’s warning that some tariffs could become permanent.

ABC News’ Britt Clennett reports on the Trump administration’s negotiations with Japan as fallout from tariffs create uncertainty in global markets.

President Donald Trump shows no signs of budging on the new tariffs despite growing fear among economists that a recession is on the horizon.

ABC News’ Linsey Davis speaks with Michael Liersch, head of advice & planning at Wells Fargo, on what the impact of Trump’s tariffs could have on Americans’ retirement.

The Dow Jones Industrial Average and S&P 500 closed lower on Monday, ending a roller coaster trading session as mixed signals about President Donald Trump's tariffs triggered major losses again.

President Donald Trump's tariffs stoked fears of a wider global trade war.

As the world reels from tariffs instituted by the Trump administration, stock markets are widely in decline.