U.S. President Donald Trump on Tuesday lauded a new trade deal signed with Indonesia and said the United States would be fighting China "in a very friendly fashion."

China accounted for 5.89% of all U.S. trade in May, its lowest percentage in decades. Trump’s tariffs or trade trickery? It’s hard to dispute it’s a remarkable shift.

The total value of goods exchanged between the US and China plunged below 2020's pandemic era low in the second month of the new tariff war between two nations.

U.S. President Donald Trump's tariff decisions since he took office on January 20 have shocked financial markets and sent a wave of uncertainty through the global economy. Here is a timeline of the major developments: February 1 - Trump imposes 25% tariffs on Mexican and most Canadian imports and 10% on goods from China,

The U.S. gets almost all of its fireworks from China, and the industry is warning that tariffs on Chinese imports could limit supply and send prices soaring.

The House Foreign Affairs Committee heard testimony on security risks as the U.S. remains 100% import reliant on nearly a quarter of 50 critical minerals dominated by China.

President Trump’s threat of a 30% tariff on EU imports has intensified pressure on the euro, pushing EUR/USD into a volatile range despite its bullish breakout above $1.11 level.

Countries are preparing to respond in-kind if Trump follows through on his latest threats. Domestic industries fear the worst.