Global markets braced as Washington and Beijing neared an Aug. 12, 2025, deadline that threatened to unleash triple-digit tariffs. If no deal was struck, US duties on Chinese goods would have jumped to 145% and China’s to 125%,

U.S. tariffs on Chinese imports of around 55% are a "good status quo," but the Trump administration would like to find areas where bilateral trade could increase more freely, U.S. Trade Representative Jamieson Greer said on Tuesday.

Michigan governor pledges to “stop the madness” of Trump’s trade war, warning it undermines America’s closest partners.

Nike on Tuesday reported a surprise rise in first-quarter revenue and beat profit expectations as the storied sportswear brand’s turnaround effort gained traction despite weakness in China and tariffs pressuring margins.

China has opened an investigation into whether Mexico's import tariffs are a trade barrier. Mexico plans to impose taxes up to 50% on over 1,400 Asian products to protect local industries.

Nike CEO Elliott Hill vowed to return the company to its sportswear roots when he took the helm last year in a much-touted change and his efforts are bearing fruit, but a sluggish recovery in China and uncertainty over tariffs remain a drag.

Two Denver companies and their executives are indicted for avoiding $1 million in tariffs by falsely claiming Chinese forklifts were made in the United States.

Prior to Trump initiating the China trade war during his first term, it bought more than half of all U.S. soybean exports, with up to 70% coming during the peak season.