The head of Eurasia Group’s China sees signs the two countries are trying to patch things up to facilitate a meeting between President Donald Trump and China’s Xi Jinping.

Helen of Troy's market value plummets as U.S. tariffs against China continue to hurt El Paso consumer products company's operations.

NEW YORK (AP) — With summer in full swing in the United States, retail executives are sweating a different season. It’s less than 22 weeks before Christmas, a time when businesses that make and sell consumer goods usually nail down their holiday orders and prices.

President Donald Trump plans to impose tariffs on countries purchasing Russian oil, including China, India, and Brazil, Republican Senator Lindsey Graham said. “These countries buy about 80% of cheap Russian oil,

China and Vietnam plan to hold their first joint army training exercise this month, a sign of deepening military ties as the two countries grapple with US tariff policies.

US President Trump is antagonising friends and rivals alike, inadvertently reinforcing an anti-US bloc. It is quite possible that the world may be witnessing the unintended handover of global leadership from Washington to Beijing and Moscow.

M said it expects a gross tariff impact of 20 cents a share for the full year, down from its prior projection of 60 cents a share, thanks in part to easing trade tensions between the U.S. and China. CEO Bill Brown said most of the materials maker’s tariff costs are related to China,

China wants to bring its trade ties with the U.S. back to a stable footing, its commerce minister said, adding that recent talks in Europe showed there was no need for a tariff war while urging the U.

Treasury Secretary Scott Bessent said on Monday that the U.S. is “not going to rush” just to close deals ahead of the August 1 deadline for finalising a trade deal with the country, or face steep tariffs.