May, China and tariffs
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US tensions with two key trade partners amped up on Monday after President Trump doubled tariffs on steel and aluminum and the US pushed countries for deals ahead of looming deadlines. China responded to Trump's claim on Friday that it has "totally violated its agreement" with the US,
“These practices seriously violate the consensus,” the Commerce Ministry said in a statement, referring to a China-U.S. joint statement in which the United States and China agreed to slash their massive recent tariffs, restarting stalled trade between the world’s two biggest economies.
Retailers like Macy's and Target are reducing reliance on China amid Trump's trade war, restructuring supply chains to mitigate tariff impacts and potential price hikes.
With trade tensions still running high, the White House says a call between President Trump and Chinese President Zi Jinping will "likely happen this week."
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The U.S-China trade truce is at risk of falling apart with both countries accusing the other of violating the agreement. NBC News’ Christine Romans breaks it down. Politico White House and Foreign Affairs Correspondent Eli Stokols joins Katy Tur to share his analysis.
Jamie Dimon appeared at the 2025 Reagan National Economic Forum on Friday, saying he's concerned if the US can "get our own act together."
Trade tensions are continuing to rise between the U.S. and China. Now it might be time for the two sides to sit down and talk tariffs again.
2don MSN
Black women are starting to pay more for their hair care because of the Trump administration’s tariffs on goods imported from China.
China celebrated the U.S. Court of International Trade's ruling against President Trump's tariffs, using the moment to call for Washington to permanently shelve the levies. "China has consistently maintained that trade wars have no winners and that protectionism offers no way out,
After Donald Trump’s tariffs on China, European countries are braced for a flood of Chinese goods that might not come.