The U.S.–China economic war escalates as Beijing hits American goods with a 34% tariff. President Donald Trump swiftly retaliated, slamming China for “panicking” and announcing harsher tariffs under his principle of reciprocity. China responded by restricting exports of rare earth materials...
In this live update, President Donald Trump escalates tensions with China by threatening an additional 50% tariff on Chinese imports if the country doesn't stop its long-term trade abuses. With global..
Asian and European equities collapse on a black Monday for markets after China hammered the United States with its own hefty tariffs, ramping up a trade war many fear could spark a recession. US..
President Donald Trump has threatened a 50% tariff hike on Chinese imports unless Beijing retracts its recent retaliatory tax. This comes after both nations imposed steep tariffs of 34%, escalating..