Senate Republicans told Fox News Digital that President Donald Trump's tariffs create manufacturing jobs and economic growth, despite criticism over potential price increases.

The Alaska summit ended without a Ukraine ceasefire, but Putin leaned on history and booming trade ties, while Trump’s tariffs target countries still buying Russian crude.

The bilateral agreement to extend the temporary trade war truce this week came after a third round of negotiations framed by both sides as positive. Trump’s advisers regularly cite his “excellent” personal relationship with Xi and continue to weigh the possibility of a face-to-face meeting in China later this year.

Gavekal Dragonomics’ Arthur Kroeber says tariffs haven’t hurt China’s growth perceptions and Beijing won’t accept a weak U.S. trade deal leaving little scope for a trade deal between the two major economies.

Wesley K. Clark & Associates chairman and CEO, Gen. Wesley Clark, and Raymond James managing director, Ed Mills, join Market Catalysts with Julie Hyman to discuss President Trump's meeting with Russian President Vladimir Putin and what it could mean for trade discussions with China moving forward.

“Tariffs are making our Country Strong and Rich,” Mr Trump crowed on social media on August 11th. They also, however, guarantee that America will become steadily less important to its trading partners. That is one predictable consequence of an unpredictable presidency. ■

A potential deal with the Trump administration is shaping up to be a saving grace for Intel (INTC), which saw its shares climb Friday while other semiconductor stocks slid. President Trump told a group of reporters aboard Air Force One Friday morning that he could put tariffs on imported chips as soon as next week.

Their relationship is defined by a bloody border dispute, a vast power imbalance and a fierce contest for influence across Asia. Yet, President Donald Trump’s latest trade war may be achieving the unthinkable: pushing India and China into a wary but tactical embrace.