When Donald Trump started the biggest trade war since the 1930s in his first term, his impulsive combination of threats and import taxes on U.S. trading partners created chaos, generated drama -- and drew criticism from mainstream economists who favor free trade.

China's tariffs - due to begin next Monday - would also apply to US oil and farm machinery, but more talks are due this week.

After promising during his election campaign to put import taxes back at the center of US economic policy during his second term as president, President Donald Trump has taken steps in that direction.

Delhi hopes tariff cuts have put it ahead of the game - but will that satisfy Trump, or is trade action still on the table?

The past 48 hours of tariff policies have stunned markets and boardrooms across the world.

US President Donald Trump backed away from his latest threats to start a trade war with America’s neighbors. The Republican agreed to delay for one month his threatened tariffs against Mexico and Canada after speaking with Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau.