The trade war between the world’s two largest economies is escalating as China slapped a 125% tariff on U.S. goods in response to President Donald Trump’s 145% tariff on Chinese products

Beijing raises tariffs again, says it will oppose US 'bullying' Bond prices fall, dollar weakens, gold hits record high Trump predicts stability once countries cut trade deals with US Stocks recover but inflation and recession fears persist ABOARD AIR FORCE ONE/BEIJING/LONDON,

In last week's market chaos, traders turned their backs on US government bonds. Is Donald Trump destroying America's "exorbitant privilege"?

President Donald Trump's decision to exempt many electronics from newly implemented tariffs has sparked surprise from critics, with some citing recent remarks by Commerce Secretary Howard Lutnick to quip about the latest scaling back of the controversial economic policy.

In a Truth Social post on April 9, Trump said: “This is a GREAT time to move your COMPANY into the United States of America, like Apple, and so many others, in record numbers, are doing. ZERO TARIFFS, and almost immediate Electrical/Energy hook ups and approvals. No Environmental Delays. DON’T WAIT, DO IT NOW!”

Drought and other conditions have interrupted the flow of water owed to the U.S. under a treaty.

President Trump has threatened to slap new tariffs on Mexico for failing to deliver water under a decades-old treaty. But climate change has decimated river flows.