A tariff hike could potentially damage the Chinese economy. The U.S. imported about $438 billion worth of goods and services from China last year, making it the largest destination for China’s exports. In all, that figure accounts for about 15% of China’s exports, according to the Office of the U.S. Trade Representative.

Shares of U.S.-listed rare earth miners fell as much as 8% before the bell on Monday after Washington and Beijing reached a framework for a trade deal that could pause planned U.S. tariffs and Chinese...

U.S. Treasury Secretary Scott Bessent said on Sunday top Chinese and U.S. economic officials hashed out a "very substantial framework" for a trade deal in Kuala Lumpur, which would allow President Don...

President Trump and China’s leader, Xi Jinping, could “consummate” a deal to allow TikTok to continue to operate in the United States when they meet on Thursday, Treasury Secretary Scott Bessent said ...

Top Chinese and US economic officials on Sunday hashed out the framework of a trade deal for US President Donald Trump and Chinese President Xi Jinping to decide on later this week that would pause st...

“I would expect that the threat of the 100% has gone away,” he said, adding that Beijing had also stepped back from its own threat of a global export control regime on rare earths.