White House revises trade deals, Texas Instruments offers disappointing outlook, Coca-Cola confirms adding cane sugar, and more news to start your day.

As Trump unveils a ‘massive’ trade deal with Japan, speculation grows that PM Shigeru Ishiba may resign. WSJ’s Jason Douglas unpacks the details.

Throw it all together and a level of predictability is finally emerging after six months of tariff threats that had at one point jacked up rates to 145% on China and near 50% on some smaller Asian exporters. Investors cheered the moves, with Asian shares rising the most in a month.

Up next could be pacts with India and the European Union, the 27-nation bloc that trades more with the U.S. than anyone else.

The European Union dominates critical pharmaceutical imports into the United States, making the 30% tariffs Trump threatened to go into effect Aug. 1 particularly risky.

U.S. President Donald Trump announced a new 19% tariff rate for goods from the Philippines on Tuesday after what he called a "beautiful visit" by Philippine President Ferdinand Marcos Jr. to the White House,

The tariff rate for imports from Indonesia will remain at the 19% rate announced last week, but the Southeast Asia nation has now agreed to sell critical minerals and purchase Boeing planes, farm products, and energy from the U.S., President Donald Trump announced in a post on social media Tuesday afternoon.

Trump says he could decrease drug prices by up to 1,000%, suggesting that he might use trade leverage to compel action.