China vows retaliation
Digest more
US stock futures rose Sunday after President Donald Trump appeared to thaw trade tensions between the United States and China, and after his Friday tariff threat prompted a sell-off.
The Chinese Ministry of Commerce said the controls, issued Oct. 9, were part of Beijing's effort to "better safeguard world peace and regional stability."
This was almost the perfect storm coming together,” he warned. Meanwhile, White House budget office said Friday that mass firings of federal workers have started and could to
President Donald Trump said Friday he would impose a 100% tariff on China “over and above any Tariff they are currently paying” effective November 1 – massively escalating his trade war amid a heated dispute over export controls on rare earths.
President Trump said Friday he will impose an additional 100% tariff on imports from China starting next month, citing new port fees — marking a significant escalation in the U.S.-China trade war.