The United States is suspending a tariff hike on $250 billion in Chinese imports as the U.S. and China reach a cease-fire in their trade war, The Associated Press reported Friday.
China just waived import tariffs on more than a dozen US goods. It's the first time Beijing has issued such exemptions since the US-China trade war began.
Republican senators railed against President Donald Trump's threatened tariffs against Mexico in a private lunch on Tuesday with White House and Justice Department officials, who struggled to explain their legal process for implementing the new levies.
The Trump administration's threatened tariffs on Mexico couldn't come at a worse time for America's oil refineries.
President Donald Trump lifted steel and aluminum tariffs on Canada and Mexico on Friday, a move designed to ease one area of tensions even as the President's wider trade agenda faces an uncertain future.
Larry Kudlow, President Donald Trump's top economic adviser, said Sunday there is a "strong possibility" Trump will meet Chinese President Xi Jinping at the G20 economic summit in Japan next month and said he expects China to retaliate against the US for its increase last week in tariffs on Chinese goods as Beijing has indicated it would.
The Dow bounced back from its earlier losses on Friday after Treasury Secretary Steven Mnuchin and President Donald Trump characterized talks with Chinese negotiators as "constructive." But the trade turmoil this week still gave the index its worst week since March.
The Chinese government on Wednesday threatened to retaliate if President Donald Trump follows through on his plan to ratchet up tariffs on Friday, just as the two countries try to finalize a trade deal.
President Donald Trump emerged from a briefing at the end of last week convinced China was stalling after months of forward progress in trade negotiations. Frustrated, Trump sent shockwaves through global markets by threatening to hike tariffs, catching everyone off guard.
President Donald Trump's decision to escalate tariffs on $200 billion of Chinese goods on Friday is angering American businesses that say they were taken by surprise.
China is sending its top trade negotiator to Washington this week despite a surprise threat from US President Donald Trump to escalate a damaging dispute with Beijing.
President Donald Trump's latest threat to increase tariffs on Chinese goods risks reigniting a trade war between the world's two biggest economies.
US trade talks with China, once believed to be in their final stages, instead appeared to be at risk Monday morning after President Donald Trump threw the negotiations into question with a series of tweets threatening new tariffs.
China is still planning to participate in trade talks in Washington this week despite a surprise threat from US President Donald Trump to escalate a damaging dispute with Beijing.
High level trade talks between the United States and China will resume next week as the world's top two economies move closer to a deal.
The Trump administration's tariff strategy is coming home to roost.
President Donald Trump on Thursday hinted the United States and China may be inching closer to finalizing a deal to end a year-long trade impasse between the world's two largest economic superpowers within weeks.
It could be a make-or-break week for the delicate trade negotiations between the United States and China as they drift further beyond the ambitious 90-day clock set last year by the leaders of the world's two largest economic superpowers.
The United States sailed two ships through the Taiwan Strait, Sunday, in an operation that comes as top officials from the Trump administration prepare to travel to Beijing for high-level trade talks.
President Donald Trump said Friday he doesn't see car imports as a national security threat, even though he has considered using national security justifications to slap tariffs on foreign automobiles and auto parts.
President Donald Trump has warned that US tariffs on $250 billion of Chinese exports are unlikely to go away anytime soon — even if the two countries reach a deal to end their trade war.
President Donald Trump placed more pressure on the stalled trade talks with the European Union Wednesday, threatening tariffs on European automobiles if no deal is reached.
President Donald Trump's former top economist Gary Cohn describes in a new interview a chaotic end run by two administration rivals to enact punishing tariffs on steel and aluminum that led to his eventual resignation.
US President Donald Trump announced plans Monday to end special trade treatment for India, accusing it of unfairly shutting out American businesses.