US President Donald Trump abruptly paused planned tariff hikes on most countries on Thursday, sending global markets surging with optimism. However, the reprieve was short-lived as Trump simultaneously escalated the trade war with China, slapping a staggering 125% tariff on Chinese imports. The mixed signals from the White House came ...
China unveiled retaliatory tariffs of 84% on imports of US goods on Wednesday, further inflaming a trade war between the world’s two biggest economies. The announcement means China has increased its intended levy on US imports by another 50 percentage points from the initial amount that was set to take ...
