The administration also struck a framework trade deal with the U.K. The U.S. will keep its 10 percent global baseline tariff in place but will reduce or eliminate duties on some British goods, including cars,

China cut benchmark lending rates for the first time since October on Tuesday, while major state banks lowered deposit rates as authorities work to ease monetary policy to help buffer the economy from the impact of the Sino-U.

BEIJING: China's central bank on Tuesday (May 20) cut two key interest rates to historic lows, as Beijing battles to stimulate its economy amid seesaw trade tensions with the United States. Beijing an

The Trump administration’s 90-day deal to lower tariffs on China is unlikely to result in a large jump in imports in the short term, Port of Los Angeles Executive Director Gene Seroka said Monday.

Key economic indicators show China's economy slowing somewhat in April, with retail sales, property and investment coming in weaker than economists had forecast.

Economist Peter Schiff recently took to X to blast the Trump administration for conceding the trade war without meaningful gains from China.

As the U.S. and China negotiate a trade deal, Trump has lowered a levy on “de minimis” low-value packages, such as online shopping from Shein or Temu.

The White House announced a "China trade deal" in a May 11 statement, but did not disclose details. The apparent agreement came together sooner than most observers expected after Trump's 145% tariffs on Chinese imports virtually halted $600 billion in annual trade between the world's two largest economies.

Shares of the company, CATL, surged in their first day of trading. Onshore U.S. investors were blocked from buying its stock as a “decoupling” of finance continued.