Trump has threatened sanctions on Moscow and secondary sanctions on countries that buy its oil if no moves are made to end the war in Ukraine. China and India are the top two buyers of Russian oil. The president last week imposed an additional 25% tariff on Indian goods, citing its continued imports of Russian oil.

Senate Republicans told Fox News Digital that President Donald Trump's tariffs create manufacturing jobs and economic growth, despite criticism over potential price increases.

President Trump extended the deadline for higher tariffs on China until Nov. 9. Levies were set to rise Tuesday, but [Trump’s extension allows for further negotiations](

Gavekal Dragonomics’ Arthur Kroeber says tariffs haven’t hurt China’s growth perceptions and Beijing won’t accept a weak U.S. trade deal leaving little scope for a trade deal between the two major economies.

China's economy showed signs of slowing in July as factory output and retail sales slowed and housing prices dropped further, according to data released Friday. Uncertainty over tariffs on exports to the United States is still looming over the world's second-largest economy after President Donald Trump extended a pause in sharp

“Tariffs are making our Country Strong and Rich,” Mr Trump crowed on social media on August 11th. They also, however, guarantee that America will become steadily less important to its trading partners. That is one predictable consequence of an unpredictable presidency. ■

The bilateral agreement to extend the temporary trade war truce this week came after a third round of negotiations framed by both sides as positive. Trump’s advisers regularly cite his “excellent” personal relationship with Xi and continue to weigh the possibility of a face-to-face meeting in China later this year.

President Donald Trump’s controversial plan to take a cut of revenue from chip sales to China has US companies reconsidering their plans for business with the country, offering a model for circumventing years of trade tensions.