Trump placed tariffs totaling 145% on China, leading China to retaliate with tariffs of 125% on the U.S. — essentially triggering a trade war between the world’s two largest economies with the potential to bring on a recession.

The CEO of ServiceNow is optimistic about the tariffs, but many other CEOs have expressed concerns about the trade policy.

President Donald Trump said he has not backed down on the 145% tariff on China and said reciprocal tariffs on other nations could resume within weeks.

The United States is poised to offer Saudi Arabia an arms package worth well over $100 billion, six sources with direct knowledge of the issue told Reuters, saying the proposal was being lined up for announcement during U.

WASHINGTON/RIYADH >> The United States is poised to offer Saudi Arabia an arms package worth well over $100 billion, six sources with direct knowledge of the issue told Reuters, saying the proposal was being lined up for announcement during President Donald Trump’s visit to the kingdom in May.

"The United States and China are not engaged in consultations or talks on the tariff issue," Guo Jiakun, a spokesperson for the ministry, said at a press briefing. U.S. President Donald Trump asserted on Thursday that trade talks between the two countries were underway,

President Donald Trump said his administration was talking with China on trade, after Beijing denied the existence of negotiations on a deal and demanded the US revoke all unilateral tariffs.“They had a meeting this morning,

Former U.S. President Donald Trump said on Thursday that the United States had resumed trade discussions with China, despite Beijing publicly denying that any such negotiations are taking place. “They had a meeting this morning,