As U.S. President Donald Trump turns up the tariff heat on China, Beijing is targeting ever more of the United States' critical material supply chains.

China had raised its duty on American goods to 84% in tit-for-tat hikes that threaten to disrupt trade between the world’s two largest economies.

Given the market turmoil, it appears that the breadth and depth of President Donald Trump’s tariffs surprised all but the most pessimistic of observers. Accounting for yesterday’s surprise 90-day discount to all countries except China — as well as the hike to 125% on China — his proposals are the equivalent of a 23-percentage-point increase in the average US effective tariff rate,

US President Donald Trump's political allies reacted with relief after Wednesday's U-turn on tariffs, insisting it was part of a wider plan. Trump backed down from imposing worldwide higher-rate tariffs,

Trump authorises a "lowered reciprocal tariff of 10%" for most countries, except China, while negotiations continue.

The tariffs on China are so extravagantly high because it chose to retaliate, punch for punch, against what it calls America’s “economic bullying”. When President Donald Trump unveiled a 34% tariff on China on April 2nd,

President Trump has raised his tariffs on China to 125%. Former Director of the National Economic Council under President Obama and President Clinton Gene Sperling joins Ana Cabrera to share his insight and analysis on the global trade war.

Oil prices retreated by more than 2% on Thursday as fears of a deepening U.S.-China trade war and a possible recession eclipsed earlier relief created by President Donald Trump's announcement of a 90-day pause on some tariffs against most countries.

Panama promotes itself “as the bridge of the world, heart of the universe” but lately the narrow Central American Isthmus and its namesake canal that joins the Atlantic to the Pacific have become the setting for a bitter clash between the world’s two preeminent economic superpowers.

US Secretary of Defense Pete Hegseth shared a video on X and wrote, "China did not build this canal. China does not operate this canal. And China will not weaponize this canal. Together, we will take back the canal from China’s influence.

US Defense Secretary Pete Hegseth said Wednesday during a visit to Panama that the United States does not seek war with China, but will counter what he called the threats

Trump has gone so far as to suggest the U.S. never should have turned the canal over to Panama and that maybe the U.S. should take it back.

U.S. Defense Secretary Pete Hegseth pledged on Tuesday to push back against Chinese influence in the Panama Canal during a visit to Panama City. Standing at a U.S.-funded pier, Hegseth said the U.S. would work with

China said it would reduce imports of American films, another bid to strike at U.S. services exports in an escalating trade war between the two countries. Earlier Thursday, China’s 84% retaliatory tariffs against all U.

In a stunning reversal, U.S. President Donald Trump said he would temporarily lower the hefty duties he had just imposed on dozens of countries while further ramping up pressure on China, sending global stocks rocketing higher.

China again vowed to “fight to the end” in an escalating trade war with the U.S. as it announced it would raise tariffs on American goods to 84%.

Latest Stock Market Moves as US Duties Go Into Effect

China was America’s third-largest export market last year, and the hefty tariffs Beijing has placed on U.S. exports will hit a raft of goods led by electronics, agricultural products, oil and vehicles.

As President Trump's reciprocal tariff tax take hold, China is reacting with an increase in tariffs of U.S. goods. WCCO Natalie Brand reports from the White House.

China is boosting tariffs on American goods to 84% in an escalating battle that threatens to disrupt trade between the world’s two largest economies.