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The United States hiked tariffs on more than $200 billion in goods from China on May 10 in the most dramatic step yet of President Donald Trump’s push to extract trade concessions, deepening a conflict that has roiled financial markets and cast a shadow over the global economy.

The U.S. trade deficit with China decreased to the narrowest in almost three years as imports slowed and exports advanced, offering President Donald Trump a chance to claim his tariff war is yielding the desired results just as negotiations reach a critical stage.

President Donald Trump’s latest threat to raise tariffs on Chinese goods puts vital intermediate equipment and everyday consumer goods used by millions of Americans back into the cross-hairs.

China’s top trade negotiator Liu He will travel to the United States this week for high-stakes talks as prospects dimmed for maintaining a fragile truce after President Donald Trump threatened to raise tariffs on Chinese goods starting May 10.

With China bent on dominating the future of electric vehicles, President Donald Trump is likely to erect trade barriers targeting that technology in the form of stiff new tariffs that will have staying power, according to a consultant on the country’s auto market.

The latest round of U.S.-China talks wrapped up in Beijing on May 1, with U.S. Treasury Secretary Steven Mnuchin calling the meetings “productive” in a tweet.

The U.S. push to challenge China’s dominance in the production and sale of electric vehicles has at least one weak link: Most of the raw materials needed to make the batteries are dug elsewhere.

Three months after groundbreaking, Tesla Inc. is rushing to complete its multibillion-dollar factory on the outskirts of Shanghai to capitalize on growing demand in the world’s largest electric car market.

Amazon.com is preparing to close a Chinese online store that caters to mainland consumers, according to sources familiar with the matter.

Shipments of American soybeans are at the lowest level since before the U.S.-China trade war in what could be a worrying sign for growers hoping for the Asian giant to accelerate purchases ahead of a trade deal.