China says U.S. violated tariff truce
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US tensions with two key trade partners amped up on Monday after President Trump doubled tariffs on steel and aluminum and the US pushed countries for deals ahead of looming deadlines. China responded to Trump's claim on Friday that it has "totally violated its agreement" with the US,
With trade tensions still running high, the White House says a call between President Trump and Chinese President Zi Jinping will "likely happen this week."
China's factory activity in May shrank for the first time in eight months, a private-sector survey showed on Tuesday, indicating U.S. tariffs are now starting to directly hurt the manufacturing superpower.
Retailers like Macy's and Target are reducing reliance on China amid Trump's trade war, restructuring supply chains to mitigate tariff impacts and potential price hikes.
Trade tensions are continuing to rise between the U.S. and China. Now it might be time for the two sides to sit down and talk tariffs again.
The U.S. dollar fell against other major currencies on Monday, giving up some of the previous week's gains, as markets weighed the outlook for President Donald Trump's tariff policy and its potential to hurt growth and unleash inflation.
2don MSN
Black women are starting to pay more for their hair care because of the Trump administration’s tariffs on goods imported from China.
Trump's former ambassador to Vietnam highlighted the main reason China may hesitate to strike a trade deal with the U.S.
After 35 years in operation, Neo-China in Durham closed its doors at the end of May. The family-owned Chinese restaurant struggled to keep up with rising operational costs, including the increased prices of imported Chinese goods that resulted from the high tariff earlier this spring.