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Chinese cranes used at ports are the latest target of the Trump administration’s attempt to boost domestic manufacturing, even as no U.S. industry for the equipment exists.

President Donald Trump’s administration started an investigation into the need for tariffs on imports of medium- and heavy-duty trucks and parts, an expansion of his trade war.

China on April 24 denied President Donald Trump’s assertion that the two sides were in active negotiations over tariffs, saying the suggestion was as groundless as “trying to catch the wind.”

The suit argues that Congress didn’t grant Trump the necessary authority to impose the tariffs and national trade policy “now hinges on the president’s whims."

Treasury Secretary Scott Bessent said that the Trump administration is looking at multiple factors regarding China beyond just tariffs — including non-tariff barriers.

President Donald Trump said he plans to be “very nice” to China in any trade talks and that tariffs will drop if the countries can reach a deal, a sign he may be backing down from his tough stance.

Volvo Group profit slumped 29% year over year in the first quarter of 2025 as uncertainty around tariffs and the impact on global trade hurt truck demand in North America and Europe.

President Donald Trump allayed fears that he plans to fire Fed Chair Jerome Powell and signaled he would be "very nice" to China in trade talks.

President Donald Trump’s tariffs on Chinese imports threaten to disrupt Southern California’s trade and logistics economy, a sector that moves a third of the nation’s container cargo.

But in a private speech in Washington for JPMorgan Chase, Treasury Secretary Scott Bessent also cautioned that talks between the United States and China had yet to formally start.