Impact on inflation, U.S. trade relations and the economy. Get the latest on trade policy changes from Marketplace.

Live updates on tariffs and trade, including how the latest changes are affecting stocks, bonds and markets.

The 145% tariff from the U.S. and the retaliatory 125% tariff from China are putting businesses doing trade between the U.S. and China on edge

Trump announced a 90-day pause on a host of global tariffs he had planned, but increased levies on Chinese imports to 145%. "We urge the US to take a big step to correct its mistakes, completely cancel the wrong practice of 'reciprocal tariffs' and return to the right path of mutual respect,

China on Sunday called on the United States to "completely cancel" its reciprocal tariffs after Washington announced exemptions for consumer electronics and key chipmaking equipment.