President Donald Trump is taking a page directly from China's own trade playbook. The formula is simple and straightforward: "You want to access this big, beautiful market? You need to pay. So, you can either chew broken glass dealing with our tariffs or you can be smart and invest in manufacturing here inside our country.

President Donald Trump is facing pressure from U.S. hospitals and generic drugmakers to exempt medical goods from his new tariffs on Chinese imports, as they join big pharma lobbyists who have said such trade barriers will cause shortages of medicines and higher prices in the United States.

After a 10 percent tariff on Chinese products took effect on Tuesday, China announced retaliatory measures, including tariffs and an investigation of Google.

The world’s two largest economies did not cut a deal to avert sweeping U.S. tariffs, which came into effect after midnight. Beijing immediately retaliated.

Beijing hit back with its own tariffs and export restrictions after being subjected to levies by President Trump. Trade experts said China appeared to aim for minimal short-term harm while showing the range of its possible responses.

In largely performative filing, Beijing accuse US of making 'unfounded and false allegations' about its role in fentanyl trade