China has pledged full support to Brazil in resisting President Donald Trump’s escalating tariff policy, calling it a threat to global trade stability and a violation of international law. In a Wednesday phone call, Chinese Foreign Minister Wang Yi offered to deepen strategic cooperation with Brazil against what he called the “external uncertainties” created by the United States.
President Donald Trump announced Wednesday he will impose a 100% tariff on computer chips, aiming to force tech companies to manufacture semiconductors inside the United States. The move threatens to raise prices on consumer goods ranging from smartphones and laptops to cars and kitchen appliances, unless companies shift production to American soil.
President Donald Trump said he would extend trade talks with Mexico for another 90 days following a "very successful" call with Mexican President Claudia Sheinbaum.