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Molly Rubin
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Shipping containers from China are seen at the Port of Los Angeles, in San Pedro, California, U.S., May 1, 2025.

What We're Watching

Trump says he might back off on China tariffs – but Beijing holds firm

With US-China trade grinding to a halt, President Donald Trump told ABC News on Sunday that he would lower the 145% tariff imposed on China “at some point.”

A 3D-printed miniature model depicting US President Donald Trump, the Chinese flag, and the word "tariffs" in this illustration taken on April 17, 2025.

What We're Watching

US and China limp toward trade war thaw

The US economy contracted 0.3% at an annualized rate in the first quarter of 2025, while China’s manufacturing plants saw their sharpest monthly slowdown in over a year. Behind the scenes, the world’s two largest economies are backing away from their extraordinary trade war.

U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference at the White House in Washington, D.C., U.S., February 13, 2025.

What We're Watching

A winner from Trump tariff wars? Maybe India

If there’s a winner from President Donald Trump’s trade wars, India is a good candidate. Its longtime rivalry with China gives Prime Minister Narendra Modi ample motive to build new bridges with the United States.

President Donald Trump at a bilateral meeting with China's President Xi Jinping during the G20 leaders summit in Osaka, Japan, on June 29, 2019.

GZERO North

Trump promises to be “very nice” with China – but Beijing won’t be flattered

On Wednesday, Donald Trump said he would deliver a “fair deal” with China and that he’d be “very nice” to the country after meeting with major retailers. But Beijing denies that there are any ongoing talks and has told the US it must cancel its unilateral tariffs before China will broker any negotiations.