So far, China has made no official public threat about weaponizing its dominant position in this segment of the pharmaceutical industry. But Trump’s tariffs on the sector, if imposed, could worsen existing drug shortages and drive up prices for Americans,

President Trump doubled almost all aluminum and steel import tariffs, seeking to curb China’s growing dominance in global trade. These six charts show the tariffs’ potential economic effects.

President Trump and China's Xi Jinping accepted invitations to visit each other's countries during a call about their trade dispute and tariffs.

South Korea's new President Lee Jae-myung said he and President Donald Trump agreed to quickly work toward a deal on tariffs in their first phone call since Lee's election victory.

On Wednesday, a US auto parts group, MEMA, the Vehicle Suppliers Association, has urged immediate action over China's tighter controls on rare earth exports, warning the move could soon disrupt car production.

Shipments of vapes from China to the U.S. ground to a near halt in May from a year ago, official data shows, hit by U.S. President Donald Trump's tariffs and a crackdown on unauthorised e-cigarettes in the world's biggest market for smoking alternatives.

Even before Donald Trump’s “Liberation Day” tariffs on April 2nd, the median estimate among the 48 who were surveyed by the University of Chicago’s business school was that Mr Trump’s levies would raise inflation in 2025 by 0.

Russia-Ukraine peace is not happening soon, according to President Donald Trump. Stalled out: Talks between Russia and Ukraine have largely fallen apart, as Russia insists on international recognition of annexed Ukrainian land. Tariffs on steel and aluminum doubled to 50 percent.