President-elect Donald Trump is turning to two officials with experience navigating not only Washington but the key issues of income taxes and tariffs as he fills out his economic team.

President Joe Biden and Donald Trump agree on essentially nothing, from taxes and climate change to immigration and regulation.

Conservatives in Congress are anxious to counter China, which is America’s leading economic adversary.

President Joe Biden will soon be signing into law a major bill to revive the U.S. computer chip sector.

Former Vice President Mike Pence has launched a new advocacy group as he and other Trump administration officials look to boost their post-White House plans.

CNNMoney/Shutterstock(CNN) - The top US trade negotiator on Tuesday said that new tariffs on $300 billion in Chinese-made consumer goods including cell phones, toys and video game consoles would be delayed until December 15. President Donald Trump said earlier this month that he would add a 10% tariff on an additional $300 billion of Chinese-made products on September 1, which would effectively put a tax on all Chinese goods coming into the United States. Last year, Trump imposed tariffs on about $250 billion in Chinese-made goods, targeting industrial materials and components. "Trade talks are continuing, and during the talks the U.S. will start, on September 1st, putting a small additional tariff of 10% on the remaining 300 billion dollars of products coming from China into our country," he tweeted at the time. In a statement Tuesday, the Office of the US Trade Representative said that it was also recommending a delay in the tariff for certain products based on health, safety and national security reasons.

Kiyoshi Ota/Getty ImagesTOKYO - Asian stocks traded modestly higher Tuesday. South Korea's Kospi rose 0.2%. Here are some of the other big moves on Asian markets at 10:30 a.m. Hong Kong time. Hong Kong is set to announce its second-quarter GDP figures later this week. On Monday, Hong Kong stocks closed 1% lower.

Spencer Platt/Getty Images(CNN) - South Korean shares fell in early trade on Thursday after North Korea launched two unidentified projectiles. The Kospi index fell 0.8% after the country's military said that Pyongyang had launched two projectiles toward the East Sea, also known as the Sea of Japan. The market losses came despite a stronger-than-expected rebound in South Korea's economy in the second quarter. GDP rose by 1.1% following a surprise contraction in the first three months of the year, according to data published Thursday. South Korea missed out on modest gains across other Asian markets, which were drawing support from confirmation of new US-China trade talks and hopes of central bank stimulus.