In response to Donald Trump’s first term as president, Xi Jinping, China’s leader, initiated a campaign to reduce China’s economic dependence on America. Chinese officials are hoping that a revival in domestic demand,

By David Lawder, Joe Cash and Philip Blenkinsop WASHINGTON/BEIJING/BRUSSELS (Reuters) -President Donald Trump's sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade war that threatens to shake up global alliances.

After a ‘Liberation Day’ ceremony that saw the US’ trade war expand worldwide overnight, analysts ask how China will defend itself.

President Donald Trump has introduced new tariffs that apply to nearly all countries worldwide. However, Russia is notably absent from this list. According to the White House, the existing sanctions on Russia are the reason for this exclusion.

While U.S. President Donald Trump announced tariffs on allies and foes including Europe, India, Japan and China, some of the world's most heavily sanctioned countries - Russia, Belarus, Cuba and North Korea - avoided being singled out for special punitive treatment.

White House trade adviser Peter Navarro has suggested that the new tariffs would raise $600 billion annually, which would be the largest tax increase since World War II. Treasury

President Donald Trump is placing steep new tariffs on virtually all U.S. trading partners, stoking fears of rising prices for consumers and deepening trade wars.

Based on the possibility of broad 20% tariffs that have been floated by some White House aides, most analyses see an economy tarnished by higher prices and stagnation. U.S. econom

President Donald Trump warned what would happen if the U.S. does not implement tariffs designed to reorganize its place in the global economy during an announcement of global reciprocal tariffs Wednesday: PRESIDENT DONALD TRUMP: Since the very beginning of NAFTA,

US President Donald Trump just announced steep tariffs on the country’s major trading partners. Here’s what to know. ‘Reciprocal tariffs’: The US will impose so-called reciprocal tariffs on China of 34 per cent and hit the EU with a levy of 20 per cent.

President Donald Trump's move to slap a 10% tariff on most goods imported to the United States, as well as much higher levies on dozens of rivals and allies alike, has intensified a global trade war that threatens to stoke inflation and stall growth.

Chinese Foreign Minister Wang Yi is headed to Moscow for talks with his counterpart, Sergei Lavrov, as Russia and Ukraine discuss U.S.

The U.S. president is getting impatient at Russian leader Vladimir Putin for dragging his feet over a peace plan.

Donald Trump is said to be 'very angry' with Vladimir Putin, according to several sources, as he has yet to accept his ceasefire plan in Ukraine. Trump has even warned that he would impose 'secondary tariffs' on Russian oil if the country sabotages negotiations on a ceasefire agreement.