China criticized the trade agreement reached between the U.S. and the U.K. last week as it could potentially push Chinese products out of British supply chains.

Progress toward reducing trade barriers has been made but uncertainty from U.S. trade policy will lead to weaker growth and continued lower inflation in the U.K., Lombardelli said.

The White House backed off from the steepest levies, as the costs of an all-out trade war with China threatened global economic growth.

The President and CEO of the US Meat Export Federation says the U.S. trade agreement in principle with China is good news for beef and pork exports. Dan Halstrom says the deal significantly drops tariff rates for muscle cuts and variety meats.

When President Trump ended a tariff exemption for small packages from China and Hong Kong, e-commerce companies Shein and Temu lost a big advantage as they became exposed to Trump’s new sky-hig

Confronting the very real risk of throwing their countries into costly recessions, the United States and China agreed over the weekend to a 90-day cease-fire in their trade war.