What we’re covering • US-China tensions: China has upped its retaliatory tariffs on US imports to 125%, raising the stakes in an unprecedented trade war between the world’s two biggest economic superpowers. President Donald Trump has expressed optimism that the two countries could reach a deal. But diplomatic efforts are facing challenges. Chinese leader Xi Jinping said his nation was “not afraid” in his first public comments… Continue reading Breaking News:US-China trade war escalates as Trump’s tariffs rattle markets
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China’s new tariffs on US goods take effect as Asian markets rally after Trump’s tariff reversal – business live
China’s 84% retaliatory tariffs on US goods, announced on Wednesday, were due to come into effect on Thursday Read the latest full report Interim summary Hello and thanks for following our live coverage of what has been a rocky few days on global markets following President’s Trump’s shock announcement of punitive reciprocal tariffs, and now… Continue reading China’s new tariffs on US goods take effect as Asian markets rally after Trump’s tariff reversal – business live