U.S. chip companies, banks and oil majors fell sharply on Friday after China retaliated to Trump's tariffs with steep duties, in an intensifying trade war between the world's two largest economies that cast a shadow on global growth.

US has highest trade deficit in the world. Who has highest trade surplus? Here's what trade imbalance and reciprocal tariffs mean and why it matters

The deal remains in limbo, hostage to the emerging trade war between the U.S. and China. On Friday, Trump said he is extending the deadline for TikTok to be banned or sold off by its Chinese-owned parent company, ByteDance.

China escalated the global trade conflict on Friday by imposing an additional 34% tariff on U.S. goods, following President Donald Trump's sweeping tariffs.

European stocks continued to drop shortly after the market open today, albeit at a much slower rate than yesterday’s huge losses, as investors around the world continue to reassess their trades in the wake of the Trump administration’s announcement of sweeping global tariffs.

The U.S. tariffs on transshipment countries like Vietnam and Cambodia are so steep that they could force a major reassessment of global supply chains.

A new House GOP bill is aimed at bolstering U.S. manufacturing after President Donald Trump issued sweeping tariffs.

Global ratings agency Fitch on Thursday downgraded China's sovereign credit rating, citing expectations of a continued weakening of public finances and rapidly rising debt.