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The U.S. tariffs range from those imposed under Section 301 of its trade act due to what Washington claims are unfair Chinese trade practices, to duties under Section 232 levied for national security reasons. This year, Trump has imposed another 20% levies on all Chinese goods, saying Beijing has not done enough to stop the flow of fentanyl into the United States. So-called reciprocal tariffs, under which the U.S. will match duties imposed by other countries, have also been levied in a bid to rebalance trade flows.

Investing.com -- British shares were mostly flat at the open on Thursday after official data showed that the country’s gross domestic product shrank by 0.3% in April, partially offsetting the 0.7% expansion recorded in the first quarter.

BEIJING (Reuters) -China on Thursday affirmed a trade deal announced by U.S. President Donald Trump, saying both sides needed to abide by the consensus and adding China always kept its word. The deal, reached after Trump and China's President Xi Jinping spoke on the telephone last week, brings a delicate truce in a trade war between the world's two largest economies. "China has always kept its word and delivered results," Lin Jian, a foreign ministry spokesperson, said at a regular news conference.

Binance, the world's largest cryptocurrency exchange, said that Syrians will be granted full access to its offerings, which include more than 300 cryptocurrency tokens and stablecoins. The group added that the Syrian pound could now be used to buy and sell cryptocurrencies on the exchange. U.S. President Donald Trump's administration made a surprise announcement last month on lifting sanctions against Syria, where an Islamist-led government took power after overthrowing former leader Bashar al-Assad in December.

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TOKYO (Reuters) -U.S. President Donald Trump's tariffs may have put an end to the Bank of Japan's rate-hike cycle, with the chance of further interest rate increases fading fast due to the expected hit to exports, former BOJ policymaker Takako Masai said on Thursday. Uncertainty over U.S. trade policy is causing huge disruptions in the global economy that will likely hit Japan's exports, output, wage growth and consumption, said Masai, who retains close contact with incumbent policymakers. U.S. automobile tariffs are particularly damaging due to the huge role the industry plays in Japan's economy, Masai said.

(Bloomberg) -- Britain’s goods exports to the US fell in April by the largest amount for any month since records began in 1997 after President Donald Trump launched his global trade war.Most Read from BloombergShuttered NY College Has Alumni Fighting Over Its FutureTrump’s Military Parade Has Washington Bracing for Tanks and WeaponryNYC Renters Brace for Price Hikes After Broker-Fee BanNY Long Island Rail Service Resumes After Grand Central FireDo World’s Fairs Still Matter?Goods shipments to th

NEW YORK (Reuters) -BlackRock will hold an investor day on Thursday that is expected to provide insight into the asset management firm's strategic priorities and its growing focus on private markets. The world's largest asset manager, overseeing $11.58 trillion as of the end of the first quarter, last year expanded its presence in private markets through a series of acquisitions that BlackRock's boss Larry Fink said were transformational for the New York-based firm. BlackRock spent about $25 billion in 2024 on infrastructure investment fund Global Infrastructure Partners and private credit business HPS Investment Partners.

European investors are set to wake up to a souring mood as rapidly rising tensions in the Middle East and yet another tariff salvo from U.S. President Donald Trump triggered a new wave of dollar-selling and risk-off moves. The much-hyped U.S.-China talks culminated in a fragile truce that may have put a lid on simmering trade tensions between the world's top two economies for now but the lack of details has left investors unnerved. For starters, China President Xi Jinping is yet to give his approval on the 'deal'.

PARIS (Reuters) -Airbus revised up its forecast for airplane demand over the next 20 years on Thursday, telling investors and suppliers the air transport industry was expected to ride out the current wave of trade tensions. That includes 42,450 passenger jets, up 2% from the previous forecast, and 970 factory-built freighters, up 3%. Airbus stuck to its previous projection that air traffic would grow on average by 3.6% a year, despite chopping half a percentage point off its forecast for annual growth in trade to 2.6% and shaving its projection for global GDP growth slightly to 2.5%.