China announced Friday that it will hike tariffs on American imports from 84% to 125% in its latest retaliatory action against President Donald Trump’s tariffs.

China hiked tariffs on U.S. goods to 125% from 84% early Friday intensifying the trade war between the world’s two largest economies. Tesla halted new orders to China.

With the dust now settled on the euphoric market rebound following President Donald Trump's trade war climb-down, investors are realizing that the global economy still faces the most punishing U.S. tariffs in nearly 100 years.

Major stock indexes and the U.S. dollar dropped on Thursday, with the S&P 500 ending down more than 3% as investors remained skittish, a day after U.S. President Donald Trump's move to temporarily lower tariffs on many countries caused a massive relief rally.

President Donald Trump's pause on some announced import taxes may have eased the stress building in financial markets for now, but leaves in place the same set of circumstances that had reset the U.S.

A day after recording its best gain since 2008, the S&P 500 fell 3.5 percent on Thursday, showing that fears about tariffs hampering economic growth were still alive.

Japan's Nikkei share average slumped 5% in early trade on Friday, tracking Wall Street's sharp losses amid worries over uncertainty about the trade war's potential economic fallout.

Wall Street stocks tumbled on Thursday on mounting worries over the economic impact of U.S. President Donald Trump's multi-front tariff war.

It's been another eventful week for President Donald Trump, as his approval ratings slip in national surveys and polls. In the past week, the president has announced new tariffs, federal agencies have laid off more workers,

President Donald Trump‘s approval rating has fallen significantly, according to a new Economist/YouGov poll tracking voters’ frustration with the president on the economy and inflation. Just 43% of participants in the survey had a favorable rating of the president,

Polls show many voters are dissatisfied with the president's handling of the economy and disapprove of tariffs.

A week of turmoil unleashed by U.S. President Donald Trump's tariffs showed little sign of easing on Friday, with markets again tumbling and foreign leaders trying to work out how to respond to a dismantling of the world trade order.

The president has erased his postelection polling bump, and his tariff policies could soon turn a slow slide in popularity into a crash.

President Donald Trump said on Thursday that he doesn't really need to have Elon Musk in his administration. "Elon has done a fantastic job. Look, he's sitting here, and I don't care. I don't need Elon for anything other than I happen to like him,

After attacking Donald Trump’s trade adviser, Elon Musk was silent when Trump paused some tariffs. MSNBC’s Lawrence O’Donnell asks, “When did Elon Musk know that his stock price was going to start climbing back up because Donald Trump was going to announce that he was backing down?

The billionaire duo seemed closer than ever after the president’s victory. But now, as Trump’s tariffs cratered the global economy—and threatened Musk’s business empire—the bromance is showing cracks.

Elon Musk called Donald Trump’s top trade adviser Peter Navarro “dumber than a sack of bricks” Tuesday, once again betraying the administration’s deep rift over the president’s disastrous tariffs. Navarro found himself in hot water with Musk after he called the billionaire bureaucrat a “car assembler” during an appearance on CNBC Monday.