Trump's trade wars deepen as China retaliates and markets fall. Here's what to know

The US-China trade war could get even uglier — and more expensive

Chinese leader Xi Jinping and US President Donald Trump are digging in their heels on trade.Associated PressThe US-China trade war has escalated with sweeping new tariffs and fresh export bans from Beijing.China's countermeasures exceeded market expectations, contributing to a global market rout.Analysts foresee prolonged tensions from mismatched negotiation styles between leaders of the two countries.The US and China could be heading for a long…

Trump tariffs may lead to new trade order that impacts China

Last week, US President Donald Trump unleashed his reciprocal tariffs triggering a crisis in global financial markets. In response, China announced countermeasures on Friday, marking the official start of a trade war between the two major economies. As this crisis is now unavoidable, it is...

The Escalation Game: Why tariff wars are dangerously destructive

When it comes to international trade, escalation games are dangerous. But the damage to any international player in backing down could be far worse

Fruit, nut growers' profits could bloom as Trump's tariffs anger global markets

Some Australian farmers are expecting to reap the benefits of Trump's trade war as international markets look to source products from other regions.

The Irish Independent’s View: The stock markets have spoken – Trump’s protectionist policies are an act of self-sabotage

Applying “coercive-control” tactics to subdue the global economy ought to have been an over-reach, even for Donald Trump. If the US president was unable to check his zeal for “America only” dominion, his cabinet or his party ought to have interceded.

World retaliates to tariffs as Trump doubles down on trade war

Irish firms, particularly in the food and drink sectors, are scrambling to shore up their business as US tariffs begin to bite