The US has reached a new trade agreement with China under which all Chinese imports will face a 55% tariff, while American exports to China will be subject to a reduced 10% tariff. This was the result of two days of talks between diplomats from the two nations in London.

Oil prices edged up towards a seven-week high on Wednesday as markets assessed the outcome of U.S.-China trade talks, yet to be reviewed by U.S. President Donald Trump. Brent crude futures were up 9 cents,

Global markets are having a mixed reaction to news that U.S. and Chinese officials reached a tentative consensus on trade after a second day of talks in London. The negotiators will now seek approval on the framework from the U.S. and Chinese presidents.

China’s trade negotiators surrendered at the end of the second day of US trade talks in London — by feasting on American fast food, The Post has learned. The famished Chinese delegation ordered a delivery of McDonald’s,

Investors seem to be in a wait-and-see mode this morning as trade talks between the U.S. and China continue in London. Stocks were largely flat in Asia and Europe, and S&P 500 futures aren’t going anywhere either.

As U.S. and Chinese negotiators meet for trade talks, a primary concern for Washington will be whether Beijing eases the flow of rare earth materials.

He said about the unilateral tariffs: "You don't have to use it. You don't have to shop in the United States, as I say."