President Donald Trump has announced far-reaching new tariffs on nearly all U.S. trading partners — including a 34% tax on imports from China and 20% on the European Union, among others.

China’s central bank retained support for its currency after the US hit the world’s No. 2 economy with the biggest-ever tariff hike.

China has vowed to hit back after President Donald Trump announced major new tariffs on its exports to the United States as part of his radical overhaul of a century of American global trade policy.

Beijing on Thursday threatened countermeasures after US President Donald Trump announced new tariffs on Chinese goods, further escalating trade tensions between the world's two largest economies. The US has already imposed 20% tariffs on Chinese imports,

President Trump has called out nations like China and Canada and the European Union for "unfair" trading practices and tariffs on the U.S.

China’s top diplomat called on the US to remove tariffs it imposed on Chinese goods for Beijing’s alleged role in America’s fentanyl crisis before holding any talks on the matter, deepening a stalemate weighing on trade ties between the world’s two largest economies.

Economists and analysts have expressed concerns about the potential repercussions of these tariffs. There is apprehension that levies could hike consumer prices, disruptions in global supply chains, a

While, Indian textiles and garments exports to the US could benefit from steeper tariffs on China and Bangladesh, higher US duties on Vietnam and Thailand creates an opportunity for New Delhi to spur outbound shipments in the electronics,