What You Need To Know. China has again vowed to "fight to the end" in an escalating trade war with the U.S. as it announced it would raise tariffs on American goods to 84% from Thursday

China "firmly opposes any party reaching a deal at the expense of China's interests in exchange for so-called tariff reductions," it said. If such a situation arises, "China will never accept it and will resolutely take countermeasures to safeguard its legitimate rights and interests."

Trump’s move deepens a rift between two North American countries that have suffered a debilitating blow to their decades-old alliance.

The Federation of Thai Industries (FTI) is compiling data from 47 industrial groups for submission to the Ministry of Finance to initiate negotiations in a bid to reduce the retaliatory tariffs and protect Thailand’s competitiveness in the US market.

June 3, 2025: Trump signs order to double tariffs on steel and aluminum imports to 50%, with the increased levies going into effect just after midnight on June 4. June 4, 2025: Trump said that Chinese President Xi Jinping has been “extremely hard” to strike a deal with as trade talks between two nations falter.

China had heard "every word" the U.S. had said at the WTO about its trade practices and is open to discussing tariffs, industrial policy and some benefits it gains from its developing country status, as part of broader conversations on reform ahead of a 2026 ministerial meeting in Cameroon, the delegate said.

President Donald Trump has been invited to visit China, says US Secretary of State Marco Rubio after an hour-long meeting with his Chinese counterpart Wang Yi.

China has warned the Trump administration against reviving trade tensions by reinstating tariffs on Chinese goods in August. In a People’s Daily commentary, Beijing urged dialogue over confrontation and criticized the looming “final deadline” for a trade deal.