After the US and China agreed in Geneva to lower tariffs from astronomical heights, tensions are now surging over access to chips and rare earths. And Beijing increasingly appears to have an edge.

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."

US stocks gained Monday as investors digested President Donald Trump’s doubling of tariffs on America’s steel and aluminum imports while trade tensions with China flare up once again.

Paramount Global’s eighth instalment in the action franchise earned $25.2 million across 11,847 locations in China during the opening weekend, the studio said in a statement. The film has become the top-performing US release in the country for 2025,

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,

China's PMI data showed manufacturing rose to 49.5 from 49.0 and the composite index edged up slightly to 50.4, while services slipped to a four-month low of 50.3. China's official NBS Manufacturing PMI rose to 49.

China criticized the US over actions affecting Chinese interests, such as AI chip export controls and revoking student visas. Disputes resurfaced despite a recent trade truce. Both countries agreed to tariff cuts,

China on Monday “firmly rejected” US claims it breached a tariffs deal, as tensions between the world’s top economies flared. The dispute comes weeks after Beijing and Washington agreed to a 90-day