America’s trading partners have largely failed to retaliate against Donald Trump’s sweeping tariffs, allowing a president taunted for “always chickening out” to raise nearly $US50 billion ($77 billion) in extra customs revenues at little cost.

American companies in China are reporting record-low investment plans and declining confidence in profits this year. A survey by the U.S.

This week’s chart comes from Morningstar’s China Economic Outlook report. The report takes a deep look into the current health of an economy that Australia’s prosperity is heavily reliant on. Source: China Market Outlook report,

WASHINGTON — President Trump will soon travel to China — likely to talk tariffs and other issues, Secretary of State Marco Rubio revealed Friday following a meeting with his counterpart from Beijing.

China has been a fierce critic of sweeping U.S. tariffs that Trump announced on April 2. He later delayed the implementation of most but China, which has said it will respond with its own tariffs on U.S. imports, now faces a deadline next month to negotiate a deal.

U.S. retailers and other importers that had largely halted shipments in May due to tariffs, resumed imports from China in June, amid truce.

President Donald Trump announced that the U.S. will send "top-of-the-line weapons" to Ukraine via NATO countries, in a package expected to include Patriot air defense batteries. He also threatened Russia with "severe tariffs" of up to 100% if there isn't a deal to end the war in Ukraine within 50 days,

China condemned on Tuesday "coercion" by the United States, after President Donald Trump threatened "very severe" tariffs against Moscow's remaining trade partners if it doesn't resolve its war in Ukraine within 50 days.