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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.

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

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%.

Lululemon Athletica (LULU) shares have declined more than 20% following the release of its quarterly earnings report last week, as investors react to tariff-driven margin concerns and slowing revenue growth. The Canadian athletic apparel brand is beginning to feel the weight of reality in the Trump era following the introduction of sweeping tariffs, while also facing headwinds in its core U.S. market due to tightening discretionary spending and intensifying competition. Several analysts have sin

US President Donald Trump says he intends to send letters to trading partners in the next one to two weeks setting unilateral tariff rates, ahead of a July 9 deadline to reimpose higher duties on dozens of economies. He was speaking at the John F. Kennedy Center for the Performing Arts in Washington where he was attending a performance.

US President Donald Trump says a trade framework with China has been completed, with Beijing supplying rare earths and magnets and the US allowing Chinese students into its colleges and universities. Bloomberg's Stephen Engle breaks down Trump's latest statements.

(Reuters) -The dollar slid on Thursday on heightened expectations of Federal Reserve rate cuts this year and lingering uncertainty over tariff battles. U.S. President Donald Trump said on Wednesday he would be willing to extend a July 8 deadline for completing trade talks with countries, but added the U.S. would send out letters in coming weeks specifying the terms of trade deals to dozens of other countries, which they could then embrace or reject. His comments followed earlier remarks from U.S. Treasury Secretary Scott Bessent that the Trump administration may offer extensions from a July trade deal deadline for countries negotiating in good faith.