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
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
"I would love this to be clarified. We come to a deal on trade, boy, this market is up 10 to 15%, but without it's going to be worrisome," Jeremy Siegel says.Marketsread more
Tesla solar energy systems reportedly ignited at an Amazon warehouse in Redlands, California last June, and the Seattle e-commerce titan confirmed that it has no further plans...Technologyread more
Trade negotiations between the U.S. and China appear to have reached a stage where they look to be "really working line by line on a document," said a Morgan Stanley strategist on Thursday.
"Prior to (early December,) we had been in a continually escalatory environment, (but) we are now in a de-escalatory environment, hopefully heading to the signature of a document," said Jonathan Garner, Morgan Stanley's chief equity strategist for Asia and emerging markets.
The latest round of talks between both countries continued in Beijing on Thursday. After that, both sides are expected to hold meetings in Washington starting April 3. The two largest economies in the world are negotiating a trade deal after a tariff fight that started last year.
It looks like Chinese negotiators are eager to get an agreement fully and tightly drafted before Chinese President Xi Jinping travels to the U.S. to sign it in the months ahead, Garner told CNBC's "Street Signs."
Garner's comments came after Chinese Premier Li Keqiang said at the Boao Forum for Asia that China will widen market access for foreign banking and insurance firms, and expand the opening of the services sector — especially the financial sector — to foreign investors.
Li's latest comments on Beijing opening up markets to foreign investment signals "concrete action" that the world's second largest economy is taking to address Washington's concerns in the ongoing bilateral trade dispute, said Garner.
"Last summer, the approach from China was solely on the bilateral trade deficit. This is all part of a kind of re-energized reform and opening up in China right now," said Garner.
— Reuters contributed to this report.