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

U.S. consumers face an effective U.S. tariff rate of more than 20%, the highest since the early 1900s, the International Chamber of Commerce has estimated following President Donald Trump's import levy announcements this week.

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.

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.

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.

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.

Trump’s ‘Liberation Day’ taxes, which impose a tariff on all industries across the globe – including beauty, were due to come into effect on 9 July but have been pushed back

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.