As Donald Trump’s April 2 “Liberation Day” for announcing “reciprocal” tariffs on America’s trading partners approaches, the question in Beijing is whether this will be the moment when its nascent trade war with the US really escalates.

U.S. President Donald Trump's threat to impose secondary tariffs of 25% to 50% on buyers of Russian crude oil is just crazy and bold enough to perhaps achieve his stated aim of a ceasefire in Ukraine.

Trump’s comments on Sunday revealed the frustration at the White House with the Russian president as negotiations over a settlement of the war in Ukraine continue on without a clear breakthrough. The new threat to hit imports from countries that purchase Russian oil come as Trump prepares to impose tariffs on goods from many of America’s largest trading partners on Wednesday.

The president has circled April 2 as the culmination of his "American first" economic policy, which has already shaken markets and started a trade war.

The details of Trump's next round of import taxes are still sketchy. Most economic analyses say average U.S. families would have to absorb the cost of his tariffs in the form of h

President Donald Trump says new tariffs he is set to announce this week will hit all countries, not just those that have the biggest trade imbalances with the US. The comments come as he prepares to unveil a massive slate of import taxes on Wednesday,