The U.S. would cut in half the 20% levies on Chinese goods imposed in retaliation for the export of chemicals that make deadly synthetic opioids.

Stocks are climbing toward more records on Monday ahead of a week packed with potentially market-moving events for Wall Street.

However, the two men appear to have put these differences aside following talks in Malaysia over the weekend, agreeing to the roots of a preliminary deal in which China will delay its expanded licens...