Surprising many people who were skeptical that the tariffs could come down so much in such a short time, China and the U.S. have reached an agreement to suspend most of the tariffs and other trade restrictions in effect between them arising from Trump's "reciprocal tariffs&

After two days of what they referred to as "candid, in-depth and constructive" negotiations, the Chinese and U.S. governments said they had reached what one Chinese media outlet described as an "important consensus," most notably agreeing to establish a new bilateral consultation mechanism. Details are

In the first sign of a possible de-escalation of the current trade war, top Chinese and U.S. trade officials have announced they will meet in Switzerland in the coming days. Whether these initial talks can lead to a full-fledged negotiation to scale back tariffs and other trade restrictions remains

In recent months, the Trump administration has rolled out a number of trade actions, either China-specific or applying to all countries, which have increased the tariff rates applied to goods imported from China. Here is a breakdown of U.S. tariff policy, with an emphasis on specific items of interest.

With the World Trade Organization's (WTO) dispute settlement system effectively sidelined in U.S.-China disputes, other mechanisms in international law may serve as a legal basis for China to retaliate against U.S. tariffs and other discriminatory measures, a Chinese lawyer argues.

Amidst the ongoing trade tensions with the United States, China is reportedly offering a bit of relief for select U.S. imports from its 125% tariffs. Beijing is actively engaging with the business community to avoid supply chain disruptions, with reports suggesting that exemptions have been implemented for chips, pharmaceuticals

At today's press conference, China's Ministry of Commerce outlined different plans to deal with different trading partners. While it will continue to enhance supply chain collaboration with Asian countries and engage in negotiations with the EU, it will wait on any trade talks with the United