Top trade officials from China and the United States have launched a new round of talks aimed at easing tensions over tariffs.

TACO or tariffs? An August 1 deadline looms after the European Union became the latest of the top US trading partners to reach a deal with Trump.

Top U.S. and Chinese economic officials met in Stockholm for more than five hours of talks aimed at resolving longstanding economic disputes at the centre of a trade war between the world's top two economies,

The economy was supposed to crumble. The trade war was expected to escalate out of control. Markets were forecast to plunge. None of that has happened. But Trump’s early trade victory may be short-lived.

Under the deal, the United States will reduce 125% reciprocal tariffs imposed on Chinese imports for 90 days by 115% – to a 10% baseline tariff, which matches the tariffs the Trump ...

In the wake of those “Liberation Day” tariffs, financial markets took fright. On April 9 the Trump administration hit pause: the “reciprocal” tariffs were deferred until July 9 and replaced by an across-the-board 10% tariff increase, with a handful of exceptions.

For the first time India has overtaken China as the No. 1 exporter of smartphones to the United States, following Apple’s tariff-driven manufacturing pivot to New Delhi.

Tariffs, including the 15% rate for most imports from the EU, would raise consumer prices by 1.8% in the short run, according to the Yale Budget Lab.