The Trump administration has been saying that the two countries are engaged in talks to resolve the dispute, but Beijing asserts that no such discussions are happening.

China said it will “fully prepare” emergency plans to ward against increasing external shocks, taking a patient approach in defending growth as a deepening trade war with Donald Trump piles pressure on the world’s No.

China is reportedly considering exemptions on certain U.S. imports from its 125% tariff list, as the economic toll of the trade war with the U.S. intensifies. According to Bloomberg, Beijing may lift tariffs on

Forecasters anticipate President Donald Trump’s trade war will hit economic growth this year and next as tariffs push prices higher and put a dent in consumer spending. The US economy is set to expand 1.

Before they become couches, bags and shoes, U.S. cattle hides often travel through factories on multiple continents. American leather companies are rethinking their options.

Nobel Prize-winning economist — has issued a significant warning that is drawing increasing attention. He believes the United States is likely heading toward a recession, citing the disruptive effects of unpredictable tariff policies implemented under President Donald Trump.