Seaborn trade from Asia to the US has plummeted, with a vast number of freight shipments cancelled and China's once-bustling ports now at a standstill because of the tariff war launched early this month

US officials have told their European counterparts they will cut tariffs if countries reduce their dealings with China, while Beijing has urged Trump to 'stop whining'

Japan's second-biggest automaker by sales plans to increase US vehicle production by as much as 30% over two to three years, a new report says

Popular drugs used to fight cancer and diabetes could become more expensive because of tariffs imposed by President Trump. Pharma giants want levies to be phased in

China produces some 90% of the world's rare earths and is the dominant supplier of the vital elements to users around the world

Computer chips made outside the US could face a tariff soon, according to the US President, while a security review will be undertaken on critical technology products from China

Beijing calls for US to 'correct its mistakes', as Xi launches tour to win support for the global trading system and greater access for Chinese goods

Beijing says the ramping of US tariffs is becoming a joke; meanwhile it is canvassing trading partners on how to deal with its trade crisis

Stock jumps 15% on Wednesday after tariffs eased and news emerges of airlifts of iPhones flown out of India to beat the start of tariffs in the US

Trump announces a 3-month pause on tariffs he imposed on dozens of countries last week. All now face a 10% base tariff, bar China, where exporters face a 125% tariff

China retaliated on Wednesday after the Trump Administration imposed a 104% tariff on Chinese goods – by hiking their levy on US exports to 84%.

Analysts said both sides seem "unwilling to back down" and they fear "the worst may be yet to come." In that event, China may move to boost domestic consumption, and start war games