US tariffs will be reduced to 30%, while the tariffs imposed by the Asian giant will be lowered to 10%. He Lifeng, the Chinese Vice Premier in charge of the economy and a trusted aide of President Xi Jinping,

There are no winners in a trade war, Chinese President Xi Jinping told Latin American leaders and other officials in Beijing on Tuesday, as he sought to project unity with the region a day after the United States and China agreed to slash reciprocal tariffs.

Some small businesses face higher costs because of tariffs, but SBA Administrator Kelly Loeffler says deals are coming.

Recent U.S. inflation data has sparked debate over the impact of President Trump's tariff policies. Contrary to initial warnings, the figures tell a different story, surprising many and challenging predictions of catastrophic price hikes.

Trump proposed to lower tariffs on Chinese imports to 80% from 145% on eve of negotiations with the country's third-largest trading partner.

Judges at the U.S. Court of International Trade are set to hear arguments in a case challenging President Donald Trump's tariffs. The lawsuit filed by five domestic businesses argues that the law Trump invoked to impose his "reciprocal" tariffs does not actually give him the power he claims.

President Donald Trump’s temporary deal lowering tariffs on China has not only lifted the stock market, it’s also dropped the odds of a recession significantly, according to JPMorgan Chase.

The White House announced a "China trade deal" in a May 11 statement, but did not disclose details. The agreement came together sooner that most observers expected after Trump's 145% tariffs on China virtually halted $600 billion in annual trade between the world's two largest economies.