When President Donald Trump warns that the United States will hit back “very substantially” if a close ally signs a trade pact with a rival power, you are not just hearing a sound bite, you are watching the rules of North American commerce being tested in real time.

At the start of November 2025, the U.S. and China reached a new truce in their tariff war, which started almost seven months earlier. Read more here.

WASHINGTON, D.C. — President Donald Trump said Wednesday that he and Chinese President Xi Jinping discussed the situation in Iran in a wide-ranging call as the US administration pushes Beijing and others to further isolate Tehran.

President Trump's tariffs and rhetoric have spurred some longtime U.S. allies to diversify their trade ties away from the U.S. Some are going cap-in-hand to Asian superpowers China and India.

A letter sent by former leaders of trade associations for soybeans, corn, barley and wheat to Congress warned against “widespread collapse of American agriculture.”

The top U.S. envoy to China called Thursday for fair and reciprocal trade between the world's two largest economies and expressed concern about projections that China's dominance of global manufacturing will grow even further in the years to come.