China opposes excessive tariffs, says China's Foreign Minister Wang Yi. He said this on the sidelines while heading to the Asean+3 meeting here on Thursday (July 10). "We oppose excessive tariffs," he told reporters briefly when asked about China's stance on the tariffs imposed by the United States.

US Secretary of State Marco Rubio and China Foreign Minister Wang Yi attended separate meetings with their ASEAN counterparts in Kuala Lumpur on Thursday (Jul 10).

Relying on Asian suppliers is no longer a safe bet for many factories in Mexico. Companies are racing to change, and they are being encouraged by the government.

On Friday, China retaliated by imposing reciprocal 34% tariffs on all imports from the United States. This is the first retaliatory action against President Donald Trump 's worldwide tariff plan.

Hours later, Trump declared that Chinese imports to the United States would be “immediately” taxed at 125%, citing “lack of respect that China has shown to the World's Markets.”

The United States and China Are Locked in a Faceoff Over Tariffs. No One Wants to Blink First WASHINGTON (AP) — The tariff fight between the world's two largest economies spiraled into greater ...

Hours later, Trump declared that Chinese imports to the United States would be “immediately” taxed at 125%, citing “lack of respect that China has shown to the World’s Markets.”

Hours later, Trump declared that Chinese imports to the United States would be “immediately” taxed at 125%, citing “lack of respect that China has shown to the World’s Markets.”

China’s exports to the United States have plunged over 43% year-over-year in May, representing a $15 billion drop in trade value, yet at the same time, China’s total exports have increased 4.8%, according to official figures,