Donald Trump has announced sweeping new trade tariffs targeting 50 countries including the UK as part of his "Make America Wealthy Again" plan. The UK will face a minimum 10 per cent tariff on goods exported to the United States.

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U.S. President Donald Trump's big raise in tariffs has triggered an escalating trade war and sent global markets plummeting. China announced Friday that it will impose a 34% tax on all U.S. imports next week,

President Donald Trump remains firm in his support for his tariff agenda, claiming China has been "hit much harder" than the U.S.

China’s reliance on exports leaves it exposed to a trade fight, raising the stakes for its efforts to stimulate domestic consumption.