President Trump on Wednesday said he would be sending letters to over 150 countries as he plans a barrage of duties to take effect Aug. 1, including levies on pharmaceutical imports and semiconductors.

Official figures showed modest growth in the second quarter as exports shifted to other countries and Beijing invested in manufacturing and infrastructure.

President Donald Trump has imposed a 93.5% anti-dumping tariff on Chinese graphite, after the U.S. Commerce Department concluded that China had been selling the material in the U.S. at unfairly low prices.

Four months since Trump fired the opening salvo of his trade war, only China and Canada have dared to hit back at Washington imposing a minimum 10 per cent global tariff, 50 per cent levies on steel and aluminium, and 25 per cent on autos.

The world's second largest economy grew by 5.2% in the three months to the end of June, official figures show.

Lifted a ban on sales of powerful computer chips to China, potentially helping the US’s top rival close the gap in the AI race. Told GOP lawmakers he would soon fire Federal Reserve Chair Jerome Powell — only to reverse himself when markets tumbled.

The Chinese economy cooled in the second quarter, but growth was in line with expectations despite pressure from U.S. tariffs.

China reported a better-than-expected economic growth as the world’s second largest economy took advantage of a trade truce with the US amid President Donald Trump’s tariff offensive.

Key Takeaways President Donald Trump said late Tuesday that new tariffs on semiconductors could be coming soon, though Wedbush analysts suggested his stance could soften.The analysts pointed to Nvidia's assurances from the Trump administration of licenses to resume AI chip sales to China,