Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
China said on Saturday it strongly opposes Washington's decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences...Politicsread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
The final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars.Market Insiderread more
Federal Reserve Vice Chair Richard Clarida said Friday that the global economy has deteriorated in the past month.Marketsread more
The latest escalation in the trade war ups the odds the economy will fall into recession and that the Fed will aggressively cut rates.Market Insiderread more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
Recent trade friction between the two Asian powerhouses has morphed into a dispute with political implications that go far beyond the region.Asia Politicsread more
"My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?" Trump wrote amid a series of tweets that rattled markets Friday.Politicsread more
President Donald Trump has made it very clear that U.S. companies who do business with China will be impacted by his tariffs, CNBC's Jim Cramer said Tuesday.
"I think the president is saying, 'Hey, listen guys, you are not going to make as much money in China as you used to. That game is over,'" Cramer told "Squawk on the Street. "
The trade conflict between the world's two largest economies heightened Monday evening after the Trump administration announced it will impose 10 percent tariffs on another $200 billion worth of Chinese imports.
Those duties will rise to 25 percent at the end of the year.
Reuters reported Tuesday morning that in response China said it will institute tariffs on U.S. goods worth $60 billion on Sept. 24.
China is reviewing plans to send a delegation to Washington for trade talks, the South China Morning Post reported on Tuesday, citing a government source in Beijing.
"The president is not sensitive to the companies that make a lot of money in China from our country," Cramer said. "They are the ones that we sacrificed."
The Apple Watch and various other consumer gadgets are being exempted from this newest round.
However, some Apple products will still be affected.
That's because of their impact on apparel, he told CNBC's Courtney Reagan on the stage, adding Macy's is taking a variety of steps to address that issue.