A fact sheet released by the White House on Wednesday indicated that China’s retaliatory actions have landed the country with up to a 245 percent tariff on imports to the United States. DAILY POST reports that prior to the update in the fact sheet,

President Trump has ordered a probe that may result in tariffs on critical minerals, rare-earth metals and associated products such as smartphones.

WASHINGTON (AP) — President Donald Trump on Wednesday inserted himself directly into trade talks with Japanese officials, a sign of the high stakes for the United States after its tariffs rattled the economy and caused the administration to assure the public that it would quickly reach deals.

Japan is set to begin tariff negotiations with the United States in Washington on Wednesday, one of the first countries to test President Donald Trump's willingness to relent on sweeping import duties that have roiled markets and stoked recession fears.

China has appointed a new trade negotiator in the midst of its tariff fight with the United States as the world’s two largest economies steadily increase tariffs on each other’s goods.

By Ethan Wang, Laurie Chen and Eduardo Baptista BEIJING (Reuters) -China on Wednesday unexpectedly appointed a new trade negotiator key in any talks to resolve the escalating tariff war with the United States,

China replaced its trade representative as Beijing and Washington remain at an impasse over the conditions for talks to cool the escalating trade war.

President Donald Trump hinted that he might temporarily relieve the auto industry from “permanent” tariffs he previously imposed on the business. The president didn't specify how long the potential pause would be or what it would entail,