Juliana Liu

China unveiled retaliatory tariffs of 84% on imports of US goods on Wednesday, matching additional tariffs imposed by US President Donald Trump earlier in the day and further inflaming a trade war between the world’s two biggest economies.

China unveiled retaliatory tariffs of 84% on imports of US goods on Wednesday, matching additional tariffs imposed by US President Donald Trump earlier in the day and further inflaming a trade war between the world’s two biggest economies.

US President Donald Trump has delighted global investors with the possibility of a reduction in tariffs on Chinese imports. But his apparent willingness to de-escalate America’s trade war with the world’s second-biggest economy has been brushed off by government officials in China and ridiculed online as “chickening out.”

US President Donald Trump has delighted global investors with the possibility of a reduction in tariffs on Chinese imports. But his apparent willingness to de-escalate America’s trade war with the world’s second-biggest economy has been brushed off by government officials in China and ridiculed online as “chickening out.”

US President Donald Trump’s efforts to “rebalance” global trade have spooked Wall Street, disquieted US Treasuries and sent investors rushing to buy gold. They have now also roiled a normally staid corner of financial markets, with major potential implications for the future of the US dollar and the global economy.

China’s exports to the US fell sharply in April after Donald Trump’s triple-digit tariffs took effect, in another sign of the damage the US president’s trade war is causing the world’s two largest economies as they prepare for de-escalation talks.

President Donald Trump said Saturday there was “great progress made” on trade talks between the United States and China, amid a possible thaw in the trade war sparked by his massive tariffs.

The United States and China have agreed to drastically roll back tariffs on each other’s goods for an initial 90-day period, according to a joint statement released by the two countries Monday.

US President Donald Trump didn’t show up empty-handed on the first international trip of his second term. Joining him in Saudi Arabia were almost three dozen CEOs of America’s biggest companies, including Big Tech giants that signed $600 billion worth of deals.

Boeing has secured a deal with Qatar for up to 210 jets in what the White House is calling the aircraft makers’s “largest-ever” widebody order worth $96 billion dollars.