"You don't know whether or not China's going to eat it," Trump said of the potential for tariffs on Chinese goods to increase consumer prices.

President Trump said in an interview broadcasting later Tuesday that China “will probably eat those tariffs” when talking about the 145 percent overall tariff on its products. The president got into a heated back-and-forth with ABC’s Terry Moran when talking about the import tax,

China’s factory activity slipped into the worst contraction since December 2023, revealing early damage to the world’s second-biggest economy from the trade war with the US.

Xi's Shanghai trip, his first to China's main international financial hub since November 2023, comes at a time when the tariff fight with the U.S. has raised the stakes for global economic growth, and as Beijing pursues AI development in the wake of the global success of Chinese AI startup DeepSeek.

Also in today’s newsletter, Canada’s Carney prepares to take on Trump, and China’s copper stockpiles set to run out

The United States and China are unlikely to see a rapid hit to their credit ratings from a trade war, S&P Global's top sovereign analyst has said, with damage more likely concentrated on poorer countries and those already on downgrade warnings.

The former Georgia senator, who has declared that Beijing is “at war” with America, is now tasked with easing U.S.-China tensions.

The US Senate has confirmed that former Georgia Senator David Perdue will become ambassador to China, a key post amid the Trump administration's escalating trade tensions with Beijing. Perdue, who was nominated by Trump during the transition period in December,

A majority of the U.S. Senate on Tuesday backed one-time U.S. Senator David Perdue to be ambassador to China, a position the former business executive assumes amid a deep strategic rivalry and blistering trade war between the two countries.