In a wide-ranging interview, Stephen Miran, the president of the chair of President Trump’s Council of Economic Advisers, said “volatility doesn’t necessarily mean anything greater for the long term.”

Since U.S. President Donald Trump imposed steep tariffs on China last month, Beijing has responded in kind. On state and social media, it posted images of Mao Zedong, lambasted "imperialists," and sent a message: capitulation to bullies is dangerous,

President Donald Trump ’s global trade war enters a new era this weekend, as Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer kick off talks in Switzerland with China’s top economic official.