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President Donald Trump said the current trade spat with China may hurt the markets in the short term but that America will emerge stronger from it, as a confrontation that has roiled global equities heats up between the world’s largest economies.

Ford Motor Co., the largest producer of cars and trucks in the United States, remains concerned about major modifications to the North American Free Trade Agreement, even after President Donald Trump’s negotiators were said to have softened demands.

Republicans are warning President Donald Trump that a trade war with China would deal an economic blow to politically important areas of the country that will cost the party in November’s congressional elections.

The U.S. trade deficit widened by more than forecast to a fresh nine-year high in February amid broad-based demand for imports, ahead of Trump administration tariffs that have raised the specter of a trade war.

The latest tariff salvos between the United States and China have brought a trade war closer to reality. It’s a risk that the world’s biggest economy is well-positioned to ride out.

Tit-for-tat tariff threats from the United States and China ignited fears that a trade war is beginning between the world’s two largest economies, lowering U.S. stock futures.

The security reasons given by the White House for imposing tariffs on Europe make no sense, the prime minister of Denmark said as he questioned the underlying logic of U.S. trade policy.

China will respond to any tariffs imposed by the U.S. against alleged violations of intellectual property rights with the same proportion, scale and intensity, said its U.S. ambassador Cui Tiankai.

Stock prices opened the second quarter with another sharp decline April 2 as investors grew increasingly worried about the rising U.S. trade dispute with China and a flurry of problems hammering the nation’s marquee technology firms.

The Trump administration is pushing for a preliminary NAFTA deal to announce at a summit in Peru next week, and will host cabinet ministers in Washington to try to achieve a breakthrough, according to three people familiar with the talks.