Stocks in the United States recovered from their worst decline in months, after President Trump softened his tariff threat on China. But markets in Asia dropped.

Yahoo Finance is chronicling the latest news and updates on President Trump's plans to impose tariffs on goods from other countries.

The renewed tensions between the two powers already affected markets on Friday: the main New York Stock Exchange index, the S&P 500, dropped more than 2%, its worst session since April, when Trump launched his global trade war before backing down and granting a 90-day reprieve amid fears of the measures’ impact on the global economy.

The Treasury Secretary also confirmed that a planned meeting between Xi and Trump remained on track despite the recent trade tensions.

The United States of America will slap an additional 100% tariff on imports from China and impose export controls on all critical U.S.-made software from November 1, President Donald Trump said on Friday.

HONG KONG (AP) — China’s exports to the United States fell 27% in September from the year before, even though growth in its global exports hit a six-month high.

Trade conflict escalates as the US plans 100 per cent tariffs on Chinese exports. Could Indian exporters gain a strategic advantage?

Customs figures released Monday showed that China’s worldwide exports were 8.3% higher than a year earlier, at $328.5 billion, surpassing economists’ estimates.