China's premier says higher tariffs have dealt a “severe blow” to the world economy, even as China's own trade surplus has surged past $1 trillion.

Sheinbaum's Thursday presser covered Mexico's new tariffs, tension with the US over water deliveries and plans to attract Chinese tourism.

A St. George furniture maker is facing a costly new normal as Trump’s unpredictable tariffs drive up import prices and cut into profits.

Mexican lawmakers are slated to begin debate this week on a bill to raise tariffs on goods from China and other Asian countries, three ruling party lawmakers told Reuters, amid fierce opposition from China and Mexican business groups.

Despite U.S. ‍pressure to curb reliance on Chinese technology and ⁠components, imports from China stood at about $168 billion through November, up nearly 30% on the year and already well above all of 2024, itself a record year, Vietnamese data shows.

Tariffs seem like holiday background noise, but Trump's 2026 trade decisions could move inflation, markets, and the U.S. economy in a big way.

China's Premier Li Qiang said on Tuesday the "mutually destructive consequences of tariffs have become increasingly evident" over 2025, in remarks at a "1+10 Dialogue" including the heads of the IMF,

The package marks the administration’s latest effort to bolster Trump’s economic message and reassure voters frustrated by high prices.