Skip to content
Search

Latest Stories

News

Graphic Truth: Taking aim in a US-China trade war

Graphic Truth: Taking aim in a US-China trade war
Make us preferred on Google

Wrecking the global economy's hopes for a relaxing late-August Friday, China and the US have taken fresh shots at each other in their deepening trade war.

First, China announced new tariffs on US goods in response to US levies on China's exports that are set to take effect next month.


Trump responded with a vintage tweet storm, lashing out at China and demanding that US firms stop doing business there. The Dow plunged as markets waited for the next shoe to drop. And drop it did: later in the day Trump announced higher tariffs on nearly everything that China exports to the United States.

Why now? Bear in mind, all of this comes right as Trump is leaving for this weekend's G7 summit in France. That gathering already promised to be a testy one – but with the global economy slowing, the impact of Trump's increasingly nasty trade war with China will add fresh tensions to the occasion.

So where are we in the trade war now? Here is an updated list of what measures each side has imposed to date, and what's next. Both sides have a lot at stake, but from the looks of it, the list isn't going to get shorter any time soon.

More For You

Armoured vehicles of the El Salvador Army operate separately from the UN-authorized Gang Suppression Force (GSF), after additional troops were deployed following an October 18 ambush in which four Salvadoran GSF personnel went missing, in Port-au-Prince, Haiti, November 3, 2026.

Armoured vehicles of the El Salvador Army operate separately from the UN-authorized Gang Suppression Force (GSF), after additional troops were deployed following an October 18 ambush in which four Salvadoran GSF personnel went missing, in Port-au-Prince, Haiti, November 3, 2026.

REUTERS/Patrice Noel
Over the past two weeks, President of El Salvador Nayib Bukele has sent around 2,000 troops to Haiti to rescue four Salvadoran nationals working in Haiti who were kidnapped by gangs. But the self-proclaimed “world’s coolest dictator” may have bigger ambitions. In a series of social media posts, he's drawn parallels between Haiti's struggles with [...]
Israeli President Isaac Herzog looks on ahead of the presentation of the certified results of the elections for the 26th Knesset at the President's Residence.

Israeli President Isaac Herzog looks on ahead of the presentation of the certified results of the elections for the 26th Knesset at the President's Residence.

Haaretz Pool via Reuters Connect
Eisenkot and Netanyahu pitch their vision to form a government in IsraelIsraeli President Isaac Herzog is meeting with political party leaders today to determine who has the best chance of forming the country’s next government. In last week’s election, PM Benjamin Netanyahu’s Likud party and its allies won 53 seats, while opposition leader Gadi [...]
Bomb threats disrupt flights across Europe
Will Fitzpatrick
Airlines across the continent have been affected by threats, now in their second week, with some planes making emergency landings or being escorted by fighter jets. The countries affected, including Spain, France, Ireland and Bulgaria, haven’t established who is behind the threats, but aviation experts say they are likely coordinated. It comes as [...]
Supporters react after media outlets projected Democratic US Senate candidate and Texas State Representative James Talarico's victory in the US midterm elections in Austin, Texas, US, November 3, 2026.

Supporters react after media outlets projected Democratic US Senate candidate and Texas State Representative James Talarico's victory in the US midterm elections in Austin, Texas, US, November 3, 2026.

REUTERS/Mike Segar
In the end, the long-predicted “blue wave” turned into a tsunami as the Democrats, harnessing widespread frustrations over high living costs, opposition to the war in Iran, and misgivings about Trump’s deportation policies, swept back to power on Capitol Hill.Team Blue reclaimed control not only of the House of Representatives, but the Senate too. [...]