BANGKOK (AP) — China did not back down Monday in a back-and-forth with the U.S. over trade, calling for U.S. President Donald Trump to withdraw his latest threat of a 100% tariff and other export control measures announced over the weekend.

Don’t worry about China, it will all be fine! Highly respected President Xi just had a bad moment,” Trump wrote on Truth Social on Sunday. “He doesn’t want Depression f

The dollar rose on Monday as currency traders shrugged off the latest threat of steep tariifs on China from US President Donald Trump and instead focused on the path for a possible trade deal between the world’s two largest economies.

President Donald Trump reiterated his plan to hit China with a 100% tariff but also said there was an “eternity” until the Nov. 1 deadline for the tariff imposition.

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.

Finance chiefs gathering in Washington this week were ready to discuss the global economy's surprising resilience in the face of Donald Trump's tariff assaults - until U.S.-China trade war rhetoric reignited with the U.

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