The Treasury Department reported on Friday that the budget shortfall increased by $64 billion to $1.3 trillion in the first nine months of the fiscal year

US revenue from customs duties this fiscal year surpassed $100 billion for the first time, reflecting higher tariffs imposed by the Trump administration.

U.S. Treasury Secretary Scott Bessent will skip a Group of 20 finance officials meeting in South Africa next week, sources familiar with his plans told Reuters, but will attend the World Expo 2025 in Osaka,

Trump has ordered China-based Suirui to divest its 2020 acquisition of US firm Jupiter Systems, citing national security risks involving audiovisual equipment used in military and critical infrastructure.

Chinese Vice Premier Ding Xuexiang on Thursday met with former US Treasury Secretary Henry Paulson in Beijing. During the meeting, Ding said that strengthening cooperation based on the principles of mutual respect,

The Trump administration is tightening its grip on foreign ownership of farmland amid continuing concerns over Chinese investment in America’s heartland.

China’s Ministry of Commerce did not immediately respond to a request for comment. Read more at straitstimes.com. Read more at straitstimes.com.

The U.S. and China have reached an agreement — again — to deescalate trade tensions. China is making it easier for U.S. companies crucial magnets and rare earths materials.

Steep tariff rates are set to go back into effect after a 90-day pause on the April 2 rates that rocked the stock market.

European stock markets started Friday's trading session in the red across the board, with the regional Stoxx 600 index declining as investors reacted to news of China imposing high duties on European Union brandy.