Us Breaking News Gold Hits Record High As Trump Tariffs Trigger Us China Trade War Fears

Trump’s Global Tariffs Curtailed Trade, Data Shows

The steep tariffs President Trump issued in August led to a contraction in imports and the trade deficit, newly released data shows. Read More

U.S. trade deficit drops 24% in August as Trump's tariffs reduce imports

The U.S. trade deficit fell by nearly 24% in August as President Donald Trump’s sweeping global tariffs pushed imports lower ... Read More

Why Trump Put Fentanyl at the Core of US-China Trade Spat

One of US President Donald Trump’s first actions against China following his re-election was to impose a 10% tariff on Chinese imports, punishing Beijing for what he described as its failure to curb ... Read More

Trump cuts China tariffs to 47% after ‘amazing’ Xi meeting

BUSAN, South Korea >> President Donald Trump said on Thursday that he had agreed to reduce tariffs on China to 47% in exchange for Beijing resuming U.S. soybean purchases, keeping rare earths exports ... Read More

The US-China Trade War Is Far From Over

Donald Trump and Xi Jinping met in South Korea yesterday to strike a deal to end the trade war between their two nations. Instead, China showed that it had learned from its rival how to use its ... Read More

Trump cuts China tariff after Xi signals tougher fentanyl enforcement, rare-earth pause

President Donald Trump on Thursday said he will cut tariffs on Chinese imports after a highly-anticipated meeting with Chinese President Xi Jinping in South Korea, citing new understandings on ... Read More

Are Trump’s tariffs increasing inflation? The data might surprise you.

Earlier this month, the Supreme Court heard arguments over the legality of President Trump’s tariff policies. Based on the justices’ questioning, it appears the court is skeptical that a president ... Read More

‘He who has the gold makes the rules’: Trump roars back at tariff critics — while declaring himself 'the greatest friend’ of American capitalism.

That makes Trump’s claim “he who has the gold makes the rules” feel like more than just a negotiating mantra. It’s also a reminder of gold’s enduring appeal in times of crisis. Ray Dalio, founder of ... Read More

Trump slashes China tariffs after "amazing meeting" with Xi Jinping

Washington — President Trump said Thursday he will cut U.S. tariffs on Chinese goods after he sat down with Chinese President Xi Jinping for a high-stakes summit in South Korea in the midst of a ... Read More

Lighthizer Says US Needs ‘Substantial’ China Tariffs, Tech Curbs

Robert Lighthizer, the architect of President Donald Trump’s trade war in his first term, called on the US to maintain “substantial” tariffs on China, even as the world’s two biggest economies appear ... Read More

On the heels of trade war truce with China, Trump says "we're always watching them"

Norah O'Donnell is CBS News' senior correspondent and a 60 Minutes contributing correspondent. O'Donnell is also the host of CBS News 24/7's "Person to Person," where she brings interviews that go ... Read More