Treasury Secretary Scott Bessent told Fox News on Tuesday that the United States has had very good talks with China regarding tariffs as the countries attempt to reach a trade deal during a 90-day pause in tariff implementation.

A 90-day pause on imposing higher tariffs on China is due to expire on Tuesday and it is unclear if it will be extended.

President Donald Trump’s tariff war is accelerating Beijing’s trade and investment push into developing nations known as the Global South, according to research by S&P Global, potentially creating a new trade order dominated by Chinese firms.

New bipartisan legislation aims to get “skin in the game” on trade and tariffs. The post Lawmakers take on China with new tariff bill appeared first on FreightWaves.

Deep dive into 2025’s shifting U.S. tariffs, from ‘Liberation Day’ to China and India moves, with inflation impacts, court challenges, and holiday retail risks.

Treasury Secretary Scott Bessent indicated the US is satisfied with the current tariff set up with China, a signal the Trump administration is looking to maintain calm with its economic rival before a trade truce expires in November.

U.S. shoppers looking for fake Christmas trees and holiday decor this year will have fewer choices and face higher prices as tariffs on Chinese imports force retailers to scale back orders as they assess how tight customer budgets are.

Australian coffee machine manufacturer Breville has confirmed it will move more of its production away from China to Mexico, Indonesia and other zones in a stark example of Donald Trump’s power to reorganise world trade.

Indian Prime Minister Narendra Modi welcomed improving ties with China as the two sides seek to reset relations amid mounting tariff pressure from US President Donald Trump.

New Delhi’s frayed ties with Washington have added to a thaw in the frosty relationship with Beijing that began last year.