The Latest Breaking News from China

US President Donald Trump on Monday threatened new tariffs of 50 percent on China, ratcheting up a trade war even as a dramatic selloff in global markets gathered pace.

The FTSE 100 fell by 4.38% to 7,702.08, its lowest closing price since March last year, at the end of trading.

Members of the administration spent the weekend presenting contradictory defenses of Trump's economic policies.

It could be a devastating blow to the board game industry

The S&P 500 Index ($SPX ) (SPY ) today is down -1.84%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -2.74%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.65%. June E-mini S&P futures (ESM25 ) are down -1.23%, and June E-mini Nasdaq futures...

Trump’s latest threats come as stock markets around the globe tanked in response to his unprovoked trade war with most of the world

President Trump urged Tesla CEO Elon Musk and his Department of Government Efficiency to use a “scalpel” and not a “hatchet” for agency cuts and firing thousands of American government workers. This approach seemingly does not apply to his tariff policies, which have smacked the auto industry like a hatchet.…

It’s hard to say if the president truly knows what he’s doing. But there is a precedent for the US causing short-term chaos and reaping long-term gain, says economist James Meadway

The US was Germany's largest single trading partner last year, ahead of China. This marks the first time it has held this position in almost a decade.