After a 10 percent tariff on Chinese products took effect on Tuesday, China announced retaliatory measures, including tariffs ...
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President Donald Trump and Chinese President Xi Jinping are expected to talk in "the next couple days," White House press ...
China hit back after being subjected to tariffs by President Trump, who said he would speak with China’s leader, Xi Jinping.
The world’s two largest economies did not cut a deal to avert sweeping U.S. tariffs, which came into effect after midnight.
Trump had been threatening the tariffs to ensure greater cooperation from the countries on stopping illegal immigration.
President Trump will enact 25% tariffs on Mexico and Canada starting Saturday, as well as a 10% tariff on China.
The Trump administration plans to roll out tariffs against Mexico, Canada and China on Saturday in response to an influx of illegal fentanyl into the U.S., according to the White House.
"The trade war is in the early stages so the likelihood of further tariffs is high," Oxford Economics said as it downgraded its China economic growth forecast.
Beijing announced tariffs of 10% to 15% on U.S. coal, liquefied natural gas, crude oil, pickup trucks and other products shortly after the U.S. tariff took effect.