World Trade Organization says trade between US and China is expected to plunge by 81% in ‘decoupling’

Until now tit-for-tat tariff exchanges had seen the US levy a 145 per cent tax on Chinese imports and China slap a 125 per cent duty on American goods.

President Donald Trump is forging ahead with his aggressive tariff campaign, moving on from “reciprocal” tariffs to the sector-specific tariffs he promised.

The European Union has announced it will impose retaliatory tariffs on American toilet paper, soybeans, eye makeup and hundreds of other products if trade negotiations with the United States aren’t successful.

Less than a year into Donald Trump’s first trade war with China, Chinese leader Xi Jinping made a high-profile visit to an unassuming factory in Ganzhou, an industrial city nestled among rolling hills in the country’s southeast.

China will only engage in talks with the US if its leaders show respect toward Beijing, according to a former top Chinese economic official.

South Korea will seek to delay the implementation of tariffs as long as possible in negotiations with the United States, its finance minister said on Tuesday, as Seoul targets cooperation in areas of mutual interest such as shipbuilding and energy.

Copper imports from Chile, the top supplier of the metal to the United States, do not threaten US security interests, the Chilean government said in a letter to President Donald Trump's administration, which is considering tariffs on the metal needed for electric vehicles and myriad industrial uses.

In a surprising shift in Việt Nam’s fruit export market, dragon fruit has surged ahead to become the country’s leading fruit export, surpassing durian.

The EC has concluded preliminarily that the EU hot-rolled coil industry has suffered significant injury, as reflected in factors such as market share, price impact, profits, investment and employment...