On the campaign trail last year, President Donald Trump talked tough about imposing tariffs as high as 60% on Chinese goods and threatened to renew the trade war with China that he launched during his first term.

President Claudia Sheinbaum is detaining more migrants, seizing more fentanyl and positioning her country as a key ally against China. But the U.S. stance has shifted, too.

Markets were cautiously optmistic after Trump took a lighter approach to China on Monday. That sentiment lasted a day.

President Donald Trump said from the White House that he's looking at a 10% tariff on imports from China. He pushed Xi Jinping crack down on fentanyl.

U.S. stock futures steadied, the dollar ticked higher and tech stocks in Asia slid on Tuesday following a wave of selling as apparent advances by a Chinese AI startup cast doubt on U.S. dominance and spending in one of the market's hottest sectors.

Base metals declined after US President Donald Trump said he would likely enact tariffs on Mexico and Canada by Feb. 1, hurting market sentiment even as he held off from imposing levies on China.

The memo will single out China, Canada and Mexico for scrutiny but will not announce new tariffs, the official said. It will direct agencies to assess Beijing's compliance with its 2020 trade deal with the U.S., as well as the status of the U.S.-Mexico ...

But don’t be misled by the aggrieved tone of this commentary. China’s leaders must be quietly satisfied with Mr Trump’s start. The new president did not impose fresh tariffs on day one, as some in Beijing had feared. China’s currency did not weaken. And though the Chinese stockmarket wobbled, it did not plunge.

The president has also threatened to impose across-the-board tariffs on Chinese goods. Since higher costs for imports get passed on to consumers, Trump’s tariff threats have sparked concerns of higher prices on everything from smartphones, computers, toys and video game consoles to furniture, clothing and home appliances.

ROGER W. FERGUSON, JR., is the Steven A. Tananbaum Distinguished Fellow for International Economics at the Council on Foreign Relations.

It is now a weapon being used against us.” Trump’s skepticism about U.S. support for Ukraine and Taiwan, his eagerness to impose tariffs, and his threats to retake the Panama Canal, absorb Canada, and acquire Greenland make it clear that he envisions a return to nineteenth-century power politics and spheres of interest,