President Trump is headed to three wealthy Mideast nations as Israel, Iran, Russia, Ukraine, and other regional players look to end ongoing conflicts.

The White House backed off from the steepest levies, as the costs of an all-out trade war with China threatened global economic growth.

China has removed a ban on airlines taking delivery of Boeing planes following a trade truce with the United States, Bloomberg News reported on Tuesday.

Jacob Soboroff, NBC News Correspondent joins Nicolle Wallace on Deadline White House live from the Port of Long Beach in California, joined by Mario Cordero, CEO of the Port of Long Beach to discuss the impact that the initial wave of Donald Trump's tariff's have had on the shipping industry and the trickle down effect it will have on the American economy,

White House economic advisor Kevin Hassett said the Chinese were "very, very eager" to rebalance trade relations with the United States.

U.S. President Donald Trump's comment on "unification" was about the U.S.-China trade relationship and U.S. policy towards Taiwan has not changed, the de facto embassy on the island said on Tuesday, after the wording caused unease in Taipei.

In a new social media post, the president calls the meeting a "total reset" between the two countries without providing further details.

A deal with China is a relief to investors who worried tariffs as high as 145% would severely limit trade, raise prices and hurt the U.S. economy.