Oil jumped by 3% early on Monday after the United States and China agreed to slash tariffs on each other, easing concerns about global trade and the economy. As of 6:52 a.m. on Monday, the U.S ...

Severe storms move out of Norman Storms developing Monday could bring large hail, damaging winds, and tornadoes to parts of Oklahoma. Heavy rain may cause flooding over the next few days, with ...

Per that data, Iran shipped a little over 1.1 million barrels of crude to China daily, which was 20% lower than export flows in May 2024. Compared to April, the May figure is around 400,000 bpd lower.

U.S. Defense Secretary Pete Hegseth warns of China's potential invasion of Taiwan, citing military drills and strategic deployments at the Shangri-La Dialogue.

President Donald Trump swore in former Sen. David Perdue as his ambassador to China. 0 seconds of 1 minute, 51 secondsVolume 0% 00:00 01:51 ...

China raised its total retaliatory tariff on U.S. imports to 125% today after the Trump administration clarified the previous day that U.S. duties on Beijing are now 145% because of earlier ...

Maryland Congressman Glenn Ivey expressed disappointment after returning from El Salvador without being able to see Kilmar Abrego Garcia, a man who was mistakenly deported from the U.S. in March ...

Trump may have hit the brakes on reciprocal tariffs levied against many of the US’ top trading partners, but the duties imposed on China will reach a staggering 145% on certain goods.

Updated on: April 10, 2025 / 8:42 AM EDT / CBS News ...

The White House on Thursday clarified that China faced a minimum tariff rate of 145 percent on all imports to the United States. A day earlier, President Trump had said that he was increasing ...

Trump's multiple rounds of tariffs imposed this month on Chinese imports add up to a rate of 145%, prompting China to hit back with retaliatory tariffs on U.S. exports totaling 125%.

President Donald Trump says tariffs on Chinese imports to the United States will eventually be lowered, after both Beijing and Washington appeared to soften their positions about potential trade ...