Treasury Secretary Scott Bessent helped persuade the president to take some time and negotiate with trading partners in the face of pressure from business leaders.

President Donald Trump is pausing reciprocal tariffs but escalating the trade war with China. What it means for your wallet.

President Donald Trump’s trade policy just took another sharp turn, as Trump announced on Truth Social that he was jacking China tariffs higher to 125 percent but issuing a 90-day pause for many of the “Liberation Day” tariffs that had begun to squeeze other countries around the world today.

Wall Street surged after U.S. President Donald Trump announced a 90-day pause in tariffs unveiled last week that roiled markets and erased trillions of dollars from global stock markets.

The US-China trade war is in full swing, sure. But this isn’t about tariffs or U.S. and China anymore - this is about President Trump and President Xi Jinping. Here is one sequence of events: U.S. legislators and the Senate pass a resolution to declare tariffs invalid.

US President Donald Trump is ripping up the rulebook on trade that has been in place for more than 50 years. His latest round of sweeping tariffs, which came into force shortly after midnight on Wednesday,

Donald Trump says he is open to talks with Chinese President Xi Jinping after he hit China with an even higher tariff rate of 125%. It came hours after China announced an 84% tari

Trump has said he is authorising a universal "lowered reciprocal tariff of 10%" for most countries, except China, while tariff negotiations continue.

The Office of the Customs Tariff Commission of China’s State Council said the new tariffs would take effect after midday in Beijing on Thursday and were in response to an additional 50 percentage point punitive charge Washington levied on China on Wednesday.