The trade wars launched by U.S. President Donald Trump are escalating to new heights. Just days after Trump unveiled sweeping new “reciprocal” tariffs on imports from around the world, China levied a retaliatory 34% tariff on all U.

President Donald Trump had a TikTok deal in place Wednesday for the app's operations to be spun off into a new company based in the U.S. and owned and operated by a majority of American investors, with ByteDance maintaining a minority position,

New Civil Liberties Alliance sued the Trump administration in Florida federal court Thursday over the president's executive orders imposing tariffs on Chinese imports.

As countries around the world reel from the U.S. tariffs, Beijing has been quick to try to capitalize on the upheaval and extend its influence — economic and otherwise.

The move came two days after President Donald Trump imposed the same tariff on all Chinese imports, bringing the total U.S. tariff on Chinese goods to at least 54%.

China on Friday struck back at the U.S tariffs imposed by President Donald Trump with a slew of countermeasures including extra levies of 34% on all U.S. goods and export curbs on some rare earths, deepening the trade war between the world's two biggest economies.

China announced that it will impose reciprocal tariffs on all United States imports. Who pays these taxes? Will it affect you?

U.S. President Donald Trump on Friday said China "played it wrong" after Beijing retaliated against new U.S. tariffs, unveiling countermeasures that included additional duties of 34% on U.S. goods.

Stock markets worldwide are careening even lower after China matched President Donald Trump’s big raise in tariffs in an escalating trade war. The S&P 500 dropped 2.7% early Friday, coming off its worst day since COVID wrecked the global economy in 2020.