U.S. chipmakers which outsource manufacturing will be exempt from China's retaliatory tariffs on U.S. imports, according to a notice by the main Chinese semiconductor association on Friday.

In early April, Trump signed an executive order eliminating the "de minimis" tariff exemption for goods valued under $800. Kennedy said there is also growing pressure to alter "rules of origin"—applying tariffs based on producer ownership rather than the last location of the product before its shipment to the U.S.

The White House announced that China's government missed its deadline to lift retaliatory tariffs, so U.S. levies on imports from China will rise to 104%.

China is hitting Hollywood amid President Trump’s escalating trade war, saying it plans on cutting back on the number of American movie titles it allows into the country. “We will

President Donald Trump announced a tariff pause for most countries. Markets surge: Financial markets jumped after the announcement and after tariffs had sparked a bond sell-off earlier in the day. The tariff pause is set for 90 days.

President Donald Trump announced a 90-day pause on all tariffs except for those against China, which he said would now rise to 125%.

China has bought 52,000 tons of Indian rapeseed meal in the past three weeks - four times the amount Beijing imported from India in the whole of 2024 - after Chinese authorities imposed a 100% retaliatory tariff on Canadian imports,

The White House also confirmed that the tariffs on China would reach 145% due to a pre-existing 20% levy on fentanyl