WASHINGTON -- President Donald Trump plans to host Philippine President Ferdinand Marcos Jr. on Tuesday at the White House, as the two countries are seeking closer security and economic ties in the face of shifting geopolitics in the Indo-Pacific region.

U.S. and Chinese officials will meet in Stockholm next week to discuss an extension to the deadline for negotiating a trade deal, U.S. Treasury Secretary Scott Bessent said on Tuesday as President Donald Trump announced a deal with the Philippines and released terms of a previous deal with Indonesia.

President Donald Trump hosted Philippine President Ferdinand “Bongbong” Marcos Jr. at the White House on Tuesday to discuss security in the Indo-Pacific and possibly hammer out a trade deal between the United States and its oldest regional military ally.