May 06 WATCH: Treasury Secretary Bessent testifies on the White House's 2026 budget request By Associated Press Treasury Secretary Scott Bessent testified on Capitol Hill Tuesday for the first time since his confirmation in January. Continue reading
May 02 China says it's open to trade talks, but high tariffs remain an obstacle By Elaine Kurtenbach, Associated Press “The tariff and trade wars were unilaterally initiated by the U.S., if the U.S. side wants to talk, it should show its sincerity, and be ready to take action on issues such as correcting wrong practices and canceling the unilateral… Continue reading
Apr 30 Shipments from China fall as Trump's tariffs loom over economy By Anne D'Innocenzio and Paul Wiseman, Christopher Rugaber, Associated Press The president’s massive and unpredictable taxes on imports seems likely to mean emptier shelves and higher prices for American shoppers, perhaps within weeks. Continue reading
Apr 29 Watch 5:59 Why Trump softened some of his tariffs on the automotive industry By Amna Nawaz, Geoff Bennett, Karina Cuevas, Lena I. Jackson President Trump signed an executive order aimed at softening the blow his tariffs have imposed on the automotive industry and U.S. manufacturers. But tensions with China remain high and China’s Ministry of Foreign Affairs issued a video saying it would… Continue watching
Apr 29 Senate confirms David Perdue as U.S. ambassador to China amid Trump's tariff showdown By Didi Tang, Mary Clare Jalonick, Associated Press The Senate has confirmed former Sen. David Perdue as ambassador to China, just as the U.S. and China are locked in a tariff showdown. Continue reading
Apr 28 China says it has tools to protect jobs and economy from U.S. trade war By Elaine Kurtenbach, Associated Press China's leaders have shrugged off the potential impact from President Trump's trade war, saying they have the tools needed to protect jobs and limit damage. Continue reading
Apr 24 China denies suggestion it's in talks with Trump over tariffs By Huizhong Wu, Associated Press China has denied any suggestion that it is in active negotiations with the administration of U.S. President Donald Trump over tariffs. Continue reading
Apr 23 How Tesla and other companies are dealing with tariff turmoil By Damian J. Troise, Associated Press Tariff and trade shifts make it difficult for companies and investors to make a reliable assessment of any impact to costs and sales. Continue reading
Apr 22 Trade war with China is not 'sustainable,' Treasury Secretary Bessent says By Josh Boak, Fatima Hussein, Associated Press In a private speech in Washington for JPMorgan Chase, Bessent cautioned that talks between the United States and China had yet to formally start. Continue reading
Apr 16 Trump to join his top economic advisers for trade negotiations with Japan at the White House By Darlene Superville, Mari Yamaguchi, Associated Press The Republican president said in a social media post that he’ll attend the meeting alongside Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick who have a central role in his trade and tariff policies. Continue reading