China's major industrial companies posted a combined profit of 911 billion yuan ($125.4 billion) in January and February, down 0.3 percent year-on-year, narrowing 3.0 percentage points from a year earlier,

Friday, April 4, 2025, marked the second consecutive day major U.S. stock indexes fell sharply, a downtrend that follows President Donald Trump’s recent tariffs announcement and China’s Friday morning declaration to impose a 34% duty on U.

China said Friday that it will impose reciprocal 34% tariffs on all imports from the United States from April 10, making good on a promise to strike back after US President Donald Trump escalated a global trade war.

The European Union is deepening other trade partnerships as U.S. relations sour. But with China, the relationship could get closer — or more combative.

The Trump administration imposed a 10% minimum tariff on all imports coming into the country and even higher tariffs on other top trading partners.

Countries and industries are scrambling to respond as President Donald Trump’s latest tariffs hikes upend global trade and world markets.

China announced 34 percent tariffs on US imports yesterday, the first major economy to fire back against President Donald Trump’s new levies in an escalating global trade war that sent markets deep into the red.

Wall Street suffers its worst day since 2020 but the White House tells investors to "trust in President Trump".

China announced 34 percent tariffs on US imports on Friday, the first major economy to fire back against President Donald Trump's swingeing new levies in an escalating global trade war