Beijing vows to retaliate after Trump hikes tariffs on Chinese goods - China likely to target US agricultural exports as trade war intensifies

In seeking an accord with U.S., Beijing wants to avoid becoming isolated like the Soviet Union during the Cold War.

China’s leaders forecast economic growth of “about 5 percent” this year despite an escalating trade war with the Trump administration that could sap demand for exports.

We are raising the odds of a tariff-induced recession to 35% from 20%. President Donald Trump’s barrage of executive orders, firings and tariffs have rattled investors, shaken confidence in the U.S. economy and inflamed inflation fears.

US President Donald Trump called Russian President Vladimir Putin and told him that the US government is committed to a peace process in Ukraine. As part of the deal, Trump’s administration made it clear that sections of eastern Ukraine and the Crimea would remain in Russian hands.